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Domestic electricity users on Nevis can expect zero fuel surcharge; lower rates for commercial users as of September 2022, Premier Brantley says

NIA CHARLESTOWN (August 31, 2022) – The fuel surcharge applied by the Nevis Electricity Company Limited (NEVLEC) to the monthly electricity bill for domestic users will be removed as of the next billing cycle in September 2022. Hon. Mark Brantley, Premier of Nevis, made the announcement at his monthly press conference on August 30, 2022, while disclosing the arrangement made by the Nevis Island Administration (NIA) to reduce consumers’ electricity bills. The increasing price of oil on...
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NEVLEC Initiatives to Minimize the Impact of Fuel Price Increases

One of the critical objectives of the Nevis Electricity Company Limited (NEVLEC) is to keep the cost of electricity to consumers to the lowest level possible. Several initiatives are being pursued to achieve this over the short, medium and long term. The current major driver of cost to consumers is the cost of fuel. NEVLEC currently relies on the use of diesel fuel for the production of electricity. This is very expensive and exposes NEVLEC and our customers to international price movements, giv...
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Dear Valued Customers: Electricity Conservation Tips

Dear Valued Customers, As you are aware, the price of fuel has been increasing over the last several months and this is likely to continue. In an effort to minimize the impact on our customers, NEVLEC introduced a cap on the Fuel Surcharge for the months of June, July and August of 2021. However, in order to pay our fuel suppliers, Nevlec has implemented a moving average approach which resulted in the cost being charged to consumers to offset the rise in fuel prices. Eventually, the costs to NEV...
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