Electricity Tariffs

Electricity Tariffs

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As set out in the Electricity Supply Act, customers pay a Basic Tariff (that recovers the cost of generating the electricity, maintaining the network and central costs such as meter reading, billing, accounting, and other overheads) and a Fuel Surcharge (that covers the cost of diesel in excess of the very small amount already factored into the Basic Tariff).

Customers are metered and billed monthly.

The Basic Tariff has remained unchanged since February 2001 - the Fuel Surcharge varies from month to month, and depends upon the average price that we paid for diesel the previous month. There is no standing charge.

Basic Tariff:

(a) Domestic Tariff
All units shall be charged at 48 cents per unit up to 75 units and thereafter at 55 cents per unit.

(b) Commercial Tariff
All units shall be charged at 54 cents per unit.

Minimum charge:

(i) the minimum Domestic Tariff for houses of less than 1200 square feet floor area shall be $3.50 per month and for houses of and exceeding 1200 square feet floor area shall be $15 per month.

(ii) the minimum Commercial Tariff for premises of less than 1200 square feet floor area shall be $5 per month and for premises of and exceeding 1200 square feet floor area shall be $20 per month.

Definitions of Customer Types

(a) The Commercial Tariff shall apply to all premises directly connected to the high voltage systems which are not used exclusively for private residential purposes and are not premises to which the industrial tariff applies.

(b) The Industrial Tariff shall apply to all premises on which there are installed for the purposes of a manufacturing industry electric motors having an aggregate maximum power output rating of not less than 5 horsepower and not normally in use before the hours of 6 p.m. and 10 p.m. except with prior approval of the Company. For this purpose one horsepower shall be deemed equal to 3/4 kilowatt.

Other Charges:

(a) Reconnection fee	$15
(b) Service Call fee	$10
(c) Meter change fee (at customers’ request)	$200
(d) Meter Test	$15
(e) Transfer of Service	$25

Fuel Surcharge: This varies from month to month, and depends upon prevailing world oil prices. Click here to view a table of fuel cost, electricity sold, and fuel surcharge from January 2001. Note that EC$2.7 = US$1.0.