THE St.Vincent Electricity Services Limited (VINLEC) is advising customers of an increase in the Fuel Surcharge rate to be applied to bills for April 2026.
The new rate is $0.6650 per kWh, up from $0.5490 in the previous month.This represents an increase of $0.116 per kWh.
The adjustment reflects higher fuel costs on the international market, coupled with reduced electricity generation from renewable energy sources, a VINLEC release has explained.
Customers are reminded that the cost of fuel used to generate electricity is based on international market prices. These prices continue to be affected by ongoing conflict in the Middle East, which has contributed to higher fuel costs worldwide, the utility company also outlined.
The Fuel Surcharge rate is a passthrough charge used to recover the cost of fuel required for electricity generation. VINLEC made clear that it does not profit from this charge.
