These changes in the Environmental Levy and VAT were announced in the 2023 Budget Statement and gazetted 27 January 2023. A new relief measure, a $10 Government subsidy for eligible electricity customers has also been implemented.<\/p>\n
Environmental Levy<\/strong><\/p>\n Effective 1 February, the environmental levy reverted to what existed prior to Government\u2019s implementation of relief measures on 24 December 2021.<\/p>\n This means domestic customers with usage lower than 100 units will pay no environmental levy. A flat EC$5 charge will be applied to the bills of domestic customers with usage between 100\u2013150 units, while usage above 150 units will be charged a flat $10.<\/p>\n This environmental levy is collected by Grenlec and remitted to the Solid Waste Management Authority.<\/p>\n Valued Added Tax on the Non-Fuel Portion of the Electricity Bill<\/strong><\/p>\n Also note a reduction in the VAT rate from 15% to 7.5%, effective 1 February 2023.<\/p>\n The VAT continues to apply to the non-fuel portion of all customers\u2019 electricity bills, with an exemption for domestic customers only on the first 99 units of electricity consumed.<\/p>\n New $10 Government Subsidy for Eligible Customers with Electricity Usage below 100 Units<\/strong><\/p>\n A new Government relief measure of a $10 electricity credit will be applied to domestic accounts with usage lower than 100 units in a billing period. The effect of this subsidy is a $10 reduction in the electricity bill.<\/p>\n This subsidy, which is not applicable to renewable energy customers, is effective 1 February to 31 December 2023.<\/p>\n Please be guided by these changes to the Government charges on electricity.<\/p>\n For any questions or comments, please email us at\u00a0customersupport@grenlec.com<\/a>, visit any of our customer care centres or call us at telephone # 237.<\/p>\n