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Grenlec Year In Review 2020

Home|General|Grenlec Year In Review 2020
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Grenlec Year In Review 2020

 

Energising our Grenada through challenging times

Grenlec

2020 Year in Review



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.

Managing Electricity Costs

non fuel charge

Non-fuel Charge:
No change in 5 years.

$0.4057/kWh (2016- 2020)

Over the last 26 years, the non-fuel
charge has only increased by 3 cents.

average fuel charge

Avg. Fuel Charge:

$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.

Maintaining Health & Safety Amid Covid-19

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.

30% Discount

30% Covid-19 Relief Discount:

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.

Supporting Our Communities

firetruck

The GCPI contributions of $500,000 to support COVID-19 efforts are listed below:

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.

Powering Renewable Energy

view video

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.

– 3.60 MWp – Total renewable energy system capacity

– 163 Residential and commercial customer-owned
renewable systems

– 11.5% of peak demand

View Video >

Holiday Gift-Giving

bill for free holiday promo

Bill for Free – BFF Contest:

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

Maintaining Reliability

Grenlec

99.93% of time electricity available to customers:

Average System Availability Index (ASAI) 2018. As one of the best electric utilities in the Caribbean, we are proud to serve you.

Message of Hope

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Get Connected
Call us at 237 or 473-440-2097
grenlec.com

 

admin2021-04-04T12:55:53+00:00April 4th, 2021|General|

Grenada Electricity Services Ltd.
P.O. Box 381
Dusty Highway
St. George, Grenada

24 hr. Faults/All Departments
237 or (473) 440-2097

customersupport@grenlec.com
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