VINLEC on Monday said that the fuel surcharge rate on April electricity bills will increase by EC$0.116 per kWh.
The rate to be applied this month is EC$0.6650 per kWh, up from EC$0.5490 in March.
“The adjustment reflects higher fuel costs on the international market, coupled with reduced electricity generation from renewable energy sources,” the company said in a press release.
“Customers are reminded that the cost of fuel used to generate electricity is based on international market prices,” VINLEC said, adding that these prices continue to be affected by the ongoing conflict in the Middle East, which has contributed to higher fuel costs worldwide.
“The Fuel Surcharge rate is a pass-through charge used to recover the cost of fuel required for electricity generation. VINLEC does not profit from this charge,” the release said.
VINLEC said it remains committed to providing customers with a safe and reliable electricity supply.
“Customers are encouraged to continue practising conservation methods where possible, to help mitigate the impact of increased fuel costs on their bills.”
Customers seeking further information are encouraged to contact the Customer Services Department via email at [email protected], telephone 456-1701 Ext. 237, 238 or via Facebook.
