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| Energising our Grenada through challenging times |
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| Amid the challenges our nation faced in 2020, we are proud to have worked with our customers, shareholders and social partners to do our part in keeping our nation running strong. Together, we adapted and carried on with a positive, united spirit. |
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| Managing Electricity Costs |
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Non-fuel Charge:
No change in 5 years. |
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| $0.4057/kWh (2016- 2020)
Over the last 26 years, the non-fuel
charge has only increased by 3 cents. |
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$0.27/kWh (2016), $0.33/kWh (2017), $0.45/kWh (2018),
$0.43/kWh (2019), $0.32/kWh (2020) Due to lower world fuel prices over the last four months of 2020, the fuel charge ranged from $0.21 to $0.29, some of the lowest rates within previous five years. As of March 2021, the fuel charge remains relatively low at $0.32.Grenlec continues to encourage customers to help manage bills by using energy wisely. |
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| Maintaining Health & Safety Amid Covid-19 |
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| 2020 was undoubtedly a year like no other with unprecedented challenges. While maintaining strict safety measures, we continued to provide reliable electric service and community support to keep our nation energised. Among the extraordinary efforts, some Grenlec team members volunteered to stay in safe houses during the lockdown period. |
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| 30% Covid-19 Relief Discount: |
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| Grenlec was pleased to respond to the Government of Grenada’s request to provide a discount to customers. Government contributed $10M and Grenlec $3M.
A 30% reduction in electricity charges (fuel and non-fuel) was implemented for April, May and June billing periods. Disconnections were also suspended from March 2020 through August 2020. |
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| Supporting Our Communities |
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| The GCPI contributions of $500,000 to support COVID-19 efforts are listed below: |
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1. Testing equipment for the General Hospital Laboratory
2. Meals for quarantine centres
3. Support of the Royal Grenada Police Force through purchases of food supplies and the payment for the shipping of a fire truck from Miami to Grenada.
4. Financial assistance to 13 care institutions
for children and the elderly.Grenlec has invested more than $22 million in a variety of educational, sporting, health & safety, cultural and social services to better serve our communities. This programme is ongoing, with assessments being done for additional project awards in 2021. |
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| Powering Renewable Energy |
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Grenlec’s Customer Renewable Energy Interconnection Programme and company-owned, multi-site projects have increased solar energy generation while overcoming the challenge of securing suitable, readily available land.
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| – 3.60 MWp – Total renewable energy system capacity
– 163 Residential and commercial customer-owned
renewable systems
– 11.5% of peak demand
View Video > |
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| Bill for Free – BFF Contest: |
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| Total promotion valued at up to $28,800.
– 1 grand prize winner awarded Free Electricity for a Year
– 14 additional winners received Free Electricity for 6 Months |
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| 99.93% of time electricity available to customers: |
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| Average System Availability Index (ASAI) 2018. As one of the best electric utilities in the Caribbean, we are proud to serve you. |
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Contact: 237 or (473) 440-2097