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 now applies to electricity service from 1 November 2014.
Given this time change, customers will see the impact of this rate reduction commencing with their December 2014 billing statements (two months earlier than previously announced).
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