Grenlec is encouraging customers to manage their electricity usage in the face of rising world fuel prices that have pushed electricity prices to their highest level since March 2020.
Over the course of 2020, fuel prices remained relatively low, ending the year with the fuel charge at 29 cents. Since January 2021, there has been a 12-cent increase in the fuel charge per kilowatt hour (unit) for electricity.
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Changes in Fuel Charge 2019-2021 |
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| Month | $ per kWh | $ per kWh | $ per kWh |
| 2019 | 2020 | 2021 | |
| January | 0.5103 | 0.4382 | 0.2884 |
| February | 0.4858 | 0.4390 | 0.2963 |
| March | 0.4518 | 0.4286 | 0.3200 |
| April | 0.4243 | 0.4087 | 0.3511 |
| May | 0.4310 | 0.3623 | 0.3820 |
| June | 0.4510 | 0.3021 | 0.3957 |
| July | 0.4602 | 0.2372 | 0.4096 |
| August | 0.4575 | 0.2055 | |
| September | 0.4478 | 0.2122 | |
| October | 0.4365 | 0.2491 | |
| November | 0.4329 | 0.2799 | |
| December | 0.4371 | 0.2893 | |
Commenting on the situation, Collin Cover General Manager of Grenlec indicated, “Grenlec has been actively promoting energy efficiency through its advertising and social media platforms. We have decided to add other activities to raise customers’ awareness and to provide tools to help customers cope.”
The effect of fuel prices is being seen globally. Consumers in Grenada have been observing higher electricity bills as well as higher prices at gas stations because of the higher world fuel prices.
Cover went on to say, “Given the low fuel prices in 2020 due to the pandemic, the price increases we have seen this year are consistent with historic trends of steady fuel price increases after periods of low fuel prices. Unfortunately, we expect this trend to continue through December 2021, adding to our customers’ challenges during this time.”
Grenlec reminds customers that the current fuel charge and their 8-month usage patterns are printed on their bills. The Company also provides a fuel charge history and conservation tips on its website.
Grenlec is urging customers to use the information on their bills and tools on its website to manage their energy usage, to ensure they are maximising the benefit of every dollar they spend by minimising their energy costs.
Grenlec
This is ridiculous.. Are you burning gas to create electricity? You claim Grenlec is using solar power. Conservation is frankly crap. You can conserve yourself silly and the companies all RAISE THE PRICES to recover what you conserve. They do it with ALL UTILITIES. Better to get your own solar power and batteries to store the power. Keith just ripping you off as usual.
Well there is plenty of Oil but prices fluctuate due to manipulation and idiotic Government Zero Carbon policy that heavily tax Oil yet give taxpayer subsidies to expensive unreliable wind and solar power.
Obviously, Grenada need to diversify its power generation, starting with burning its Solid Waste to generate Electricity.
Ask the Chinese, they have excellent Furnace Technology that solves the stinking Garbage Landfill problem and…have an Intergrated stable energy supply thats less reliant on Oil.
That said with Keith Mitchell heavily drinking the Net Zero Carbon Emissions Koolaid, be prepared to pay ever increasing ridiculous higher fuel and electricity bills if he has his way..