Customers of the St. Vincent Electricity Services Limited (VINLEC) are continuing to benefit from a reduction in the fuel surcharge rate emanating from the falling oil prices on the world market.
VINLEC said in a release today that it is recording another record low Fuel Surcharge Rate for the month of February in the amount of 18.48 cents per unit.
This month’s rate represents a decline of 2.23 cents per unit or 11% from the January figure.
A similar rate in the range of 18 cents per unit was applied on electricity bills twice in the May and June of 2003, some thirteen years ago.
Meanwhile, VINLEC is reminding customers of the need to be energy efficient despite the Fuel Surcharge Rate since the final bill amount depends on how much energy is utilized.