Rates and Performance

Lower Fuel Charge Triggers Decrease in Electricity Costs

  10-cent reduction in fuel charge since January 2019 Lower Fuel Charge Triggers Decrease in Electricity Costs Lowest electricity price in more than two years. Good news! As world fuel prices continue a downward trend, customers are benefitting from decreased electricity costs. The 30% discount from the Government of Grenada and Grenlec for three billing cycles

2021-03-10T16:20:22+00:00May 8th, 2020|Rates and Performance|

Grenlec Urges Customers to Conserve as World Fuel Prices Increase

Grenlec Encourages Customers to Conserve as Fuel Prices Increase Tuesday, 5 July 2016:  Grenlec is encouraging customers to manage their electricity usage as world fuel prices have increased the cost of electricity over the last two months. In June, customers paid two cents more per kilowatt-hour (unit) of electricity than they paid in May.  With a non-fuel

2021-03-11T13:13:05+00:00July 19th, 2019|Rates and Performance|

Grenlec Encourages Customers to Conserve as Fuel Prices Continue Upward Trend

Grenlec Encourages Customers to Conserve as World Fuel Prices Continue Upward TrendThursday, 12 July 2018: Grenlec is encouraging customers to manage their electricity usage as rising world fuel prices are making electricity more costly.Having dropped as low as 22 cents/unit of electricity (kWh) in 2016, the fuel charge has steadily increased to just over 45

2021-03-11T13:15:05+00:00July 16th, 2019|Rates and Performance|

2018 Year In Review

ELECTRICITY COSTS The non-fuel charge remained the same in 2018. Over the last 24 years, the non-fuel charge has only increased by 3 cents. The fuel price increased due to higher world fuel prices. Throughout the year, Grenlec encouraged customers to be aware of the higher prices and to manage their bills by reducing their

2021-03-16T09:08:18+00:00February 25th, 2019|Rates and Performance|

Increasing Resilience and Reliability

With the very real threat of natural disasters, preparing for unexpected events is an ongoing process at Grenlec. This requires us to continually improve the strength of our electricity system, recover rapidly from destructive weather occurrences and provide reliable, high-quality service to you. Our team members implement both physical measures to reinforce the system against

2021-03-10T16:20:26+00:00September 18th, 2018|Rates and Performance|

Year In Review 2017

  ELECTRICITY COSTS Overall, the non-fuel charge has decreased 33.3% since 1994 when adjusted for inflation. That’s an increase of only 3 cents over the last 23 years. RENEWABLE ENERGY Grenlec awarded Best Distributed Generation Project at 2017 Caribbean Renewable Energy Forum. Together, Grenlec and customers operate 2.16 MW of renewable energy systems, representing 7.1%

2021-03-10T16:19:30+00:00April 18th, 2018|Rates and Performance|
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