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Emergency Service Unit: (869) 469-9100 or (869) 662-5811 info@nevlec.com

Electricity Rates

This applies to all customers who operate a business as part of or all of the electricity consumed. The Commercial Rate is the sum of the Commercial Charges (Energy Charge) and the Standing Charge.

The Demand Charge is structured as follows:

  • For the first 50 x kVA units: cost = $ 0.52 /unit
  • For the next 75 x kVA units: cost = $ 0.50 /unit
  • For the next 125 x kVA units: cost = $ 0.48 /unit
  • For the remaining units: cost = $ 0.44 /unit

Energy Charge = portion of units in the first 50 x kVA units x $ 0.52
+ portion of units in the next 75 x kVA units x $ 0.50
+ portion of units in the next 125 x kVA units x $ 0.48
+ portion of units above 250 units x $ 0.44

Standing Charge (based on cost per kVA = $13.20) where 1 kVA = 250 units

Commercial Rate = Energy Charge + Standing Charge + ** Fuel Surcharge

For more information on our rates and services, please call us 1-869-469-7245 or visit our Customer Service Office.