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# Electricity Rates

The Nevis Electricity Company Limited is the sole provider of electricity on the island of Nevis.

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