Thursday, 13 November 2014:  On Thursday 25 June 2014, GRENLEC announced that a 3.2% reduction in the non-fuel component of its electricity rates for the coming year would become effective 1 January 2015.

The announced rate reduction is in accordance with the rate-setting provisions set forth in the Electricity Supply Act, 1994.

As a result of recent discussions with the Government of Grenada, GRENLEC is pleased to announce an acceleration of the upcoming rate reduction, which will now also apply to electricity service from 1 November 2014.

Given this timing change, customers will see the impact of this rate reduction commencing with their December 2014 billing statements (two months earlier than had previously been announced).