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 similar Caribbean islands and nations worldwide in regard to the price of electricity. We also compared reliability, outage duration, system performance, and fuel efficiency ratings for select Caribbean islands where information was available. We also want to explain what comprises the average electricity bill.