All Rates Quoted in Eastern Caribbean Currency.

Non-Fuel Charge Effective 9 September 2022

Domestic Customer

EC$0

per kWh or unit

Commercial Customer

EC$0

per kWh or unit

Industrial Customer

EC$0

per kWh or unit

Street Lighting

EC$0

per kWh or unit

Fuel
Charge

Effective 09 April 2024

Renewable Energy Charge

Effective 09 April 2024


(All Customers)

EC$0

per kWh or unit Adjusted Monthly

Portion of energy supplied from diesel – 98.92%


(All Customers)

EC$0

per kWh or unit Adjusted Monthly

Portion of energy supplied from renewable energy – 1.03%

Grenlec supplies energy to all customers from two sources. One portion is supplied by the traditional diesel engines (billed as the fuel charge) and the remaining portion is supplied by renewable energy sources (billed as the RE charge). The rates (charges) are calculated based on the percentage of energy generated from these two sources. The rates are then multiplied by each customer’s energy usage.

Charge

Domestic Customer

Commercial Customer

Industrial Customer

Street Lighting Customer

Applies to Electricity supplied to a residential property for non- commercial activities Electricity supplied for non-residential or business activities Electricity supplied for industry or where electric motors have an aggregate maximum power output rating of 5
or more horse power and
are
not normally used between 6.00 p.m. and 10.00 p.m.
Electricity supplied to Government, local authorities for street
lights. Private customers who apply for street lights
Non-fuel Charge (effective 9th September 2022) EC$0.4057 cents (per unit) EC$0.4375 cents (per unit) EC$0.3207 cents (per unit) EC$0.3839 cents (per unit)
Fuel Charge (effective 09th April 2024) EC$0.6021 per kWh or unit calculated monthly
Fuel Adjustment Clause (effective 9th April 2024)

$0.0527 (The FAC is applied to usage in the previous billing period)

The Fuel Adjustment Clause adjusts the fuel charge up or down to remove any difference in what Grenlec paid for fuel and the amount that customers were billed through the fuel charge the prior month.

Renewable Energy Charge
(effective 9th April 2024)
EC$0.003807 per kWh or unit calculated monthly
Government Charges (VAT)
(effective 1st February 2023)

Reduction of VAT from 15% to 7.5% for all customer
categories-domestic,commerical, industrial.

Domestic customers are exempted from VAT on the first 99 kWh (units) consumed.

7.5% of non-fuel charge

Domestic customers are exempted from VAT on the first 99 kWh (units) consumed.

7.5% of non-fuel charge

Domestic customers are exempted from VAT on the first 99 kWh (units) consumed.

7.5% of non-fuel charge

Domestic customers are exempted from VAT on the first 99 kWh (units) consumed.

Government Charges (Environmental Levy)
(effective 1st February 2023)
  • 99 kWh (units) or less: no levy
  • 100 kWh- 150kWh: Flat$5.00
  • Over 150kWh: Flat$10.00
  • N/A
N/A N/A
$10.00 Government Subsidy (New Measure)
Applicable to
eligible domestics accounts only.
Effective 1 Feb-31 Dec. 2023

$10.00 credit to be applied to these domestic electricity
accounts only:

  • Usage of 99kWh or less in the billing period
  • Not
    applicable to renewable energy customers.
N/A N/A N/A
Floor Area Charge (per 50 sq. feet of floor area) N/A 20 cents (per month) N/A N/A
Horsepower Charge N/A N/A EC$2.00 (per horsepower)
Minimum – EC$10.00
N/A

Fuel Charge

Electricity generated by traditional diesel engines is billed as the Fuel charge.

  $per kWh $per kWh $per kWh $per kWh $per kWh
  2020 2021 2022 2023 2024
January 0.4382 0.2884 0.5042 0.7496 0.6145 (effective 8 Jan. 2024)
February 0.4390 0.2963 0.5153 0.7092  
March 0.4286 0.3200 0.5288 0.6672  
April 0.4087 0.3511 0.5693 0.6334  
May 0.3623 0.3820 0.6287 0.6148  
June 0.3021 0.3957 0.7034 0.5770  
July 0.2372 0.4096 0.7750 0.5530  
August 0.2055 0.4209 0.8523 0.5321  
September 0.2122 0.4353 0.8718 0.5463  
October 0.2491 0.4417 0.8359 0.5870  
November 0.2799 0.4459 0.7911 0.6378  
December 0.2893 0.4775 0.7648 0.6471  

Fuel Adjustment Clause (FAC)

When world fuel prices are rising, the actual fuel costs paid by Grenlec are higher than what customers are charged, and the FAC is used to recover the difference from customers. When world fuel costs paid by Grenlec are lower, fuel costs paid by Grenlec are lower than what customers are charged, and the FAC is used to credit the difference to customers. This charge was implemented on November 1, 2023. FAC – Adjustment is applied to usage in the previous billing period. The FAC adjusts the fuel charge up or down to remove any difference in what Grenlec paid for fuel and the amount that customers were billed through the fuel charge the prior month.

$per kWh $per kWh
2023 2024
January n/a (0.1553) (effective 8 Jan. 2024)
February n/a
March n/a
April n/a
May n/a
June n/a
July n/a
August n/a
September n/a
October n/a
November 0.1328
December (0.0610)

Renewable Energy (RE)

Electricity generated from renewable energy sources such as solar is billed as the renewable energy (RE) charge. This charge was implemented on October 1, 2023.

$per kWh $per kWh
2023 2024
January n/a 0.003263 (effective 9 Jan. 2024)
February n/a
March n/a
April n/a
May n/a
June n/a
July n/a
August n/a
September n/a
October 0.003657
November 0.003637
December 0.002645

Fixed Rate/kWh (Applicable Contracts)

EC$0.36 or EC$0.45

Variable Rate/kWh
(applicable contracts)

Based on the Average Avoided Fuel Cost in Prior Year

Year Rate
2023 EC$0.62
2022 EC$0.37
2021 EC$0.25
2020 EC$0.38
2019 EC$0.40
2018 EC$0.30
2017 EC$0.24
2016 EC$0.29
2015 EC$0.50
2014 EC$0.54
2013 EC$0.56
2012 EC$0.54