Rates and Performance

Grenlec: 2015 Year In Review

The residents and businesses of Grenada benefitted from positive changes and improvements in 2015 as Grenlec aggressively acted upon its commitment of Energising Our Grenada. Lower electricity rates, increased renewable energy production, advancement of new technologies, and greater customer care highlighted 2015. The changes and initiatives were executed by Grenlec’s dedicated team of 200+ staff

2021-03-10T16:20:31+00:00January 26th, 2016|Rates and Performance|

Decrease in nonfuel rates

Tuesday, 5 January 2016:  The Grenada Electricity Services Ltd (GRENLEC) is pleased to announce a 2.36% decrease in the non-fuel rate this year, in keeping with the Consumer Price Index (CPI) as it stood at 31 December 2014.   Non-fuel rate adjustments, which are adjusted annually, are regulated by a Price Cap Formula as per

2021-03-11T15:23:12+00:00January 1st, 2016|Rates and Performance|

GRENLEC – Rankings Compared to Other Caribbean Islands

How Grenada’s electricity prices compare with other island nations By Collin Cover, General Manager & Chief Executive Officer, Grenada Electricity Service Ltd.(Grenlec) There is a misperception that Grenada’s electricity prices are higher than other small island nations in the Caribbean, as well as around the world. The following snapshot shows how Grenada ranks with other

2021-04-01T07:28:30+00:00March 3rd, 2015|Rates and Performance|

Pricing Comparison

Grenada’s Electricity Prices are Comparable to Other Small Island States   Having conducted a recent survey of electricity prices, Grenlec again wants to correct the assertion that Grenada’s electricity prices are the highest in the Caribbean and the world. The typical monthly bill for a home in Grenada, using Grenlec’s average domestic customer’s consumption of

2021-04-01T07:29:33+00:00March 1st, 2015|Rates and Performance|
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