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    Grelec - Our Team, Proud to Serve Our Nation; Series 5 of 7

    Barbara Hobson
    - Assistant Manager, Customer Services, 39 years of service.

    "We look at ways to help customers better manage their energy…I like to see people happy."

    Advancing Technologies - Innovation
    To Chief Engineer Clive Hosten, who joined Grenlec in 1988, improving system efficiency and increasing renewable energy are critical strategies for maintaining reliability and stabilising costs. To date, more than $220 million has been invested in the infrastructure of the electricity system to more than double installed capacity, peak load, and customer connections over the last 23 years. With the recent completion of Grenada’s largest single solar PV project to date, renewable energy generation is now at 7.5%+ of peak demand with more clean energy sites in the pipeline.

    "Our customer-owned renewable energy programme and falling prices for solar installations have helped to increase renewable energy. We are continuing to work with all partners to successfully overcome the challenges of small island states in increasing renewable energy generation in a cost-effective way,"says Clive Hosten.


    CLICK HERE
    to learn more about how Grenlec is Energising our Grenada

     
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    NEWS RELEASE

    MINISTRY OF FINANCE & ENERGY

     

    NO. 31/2017                                                DATE: May 10, 2017

     

    TAX ADVISORY COMMITTEE ESTABLISHED

     

    ST. GEORGE’S, GRENADA, Wednesday, May 10th, 2017: The Inland Revenue Division (IRD) of the Ministry of Finance and Energy advises the public that a Tax Advisory Committee has been commissioned by Cabinet and is now operational.

    The Tax Advisory Committee (TAC) is expected to develop and encourage mutual cooperation between tax-payers and the Inland Revenue Division and assist in streamlining administrative and procedural difficulties of a general nature.

    Further, the TAC will provide input to the Ministry of Finance during the legislative process by studying and recommending changes to tax laws. Its operation intends to promote a better understanding of the tax laws and changes thereto.

    The Committee consists of representation from a broad cross section of stakeholders which includes the Grenada Chamber of Industry and Commerce, the Trade Union Council, Professional Bodies (Lawyers, Doctors etc.), Grenada Hotel and Tourism Authority and the Comptrollers of Inland Revenue and Customs.

    It must be noted that the TAC is not meant to address tax objection matters that resides within the ambit of the Appeals Commission but rather to consider sector specific issues.

    Consequently, associations and various sector groups can table their issues to the committee via email at This email address is being protected from spambots. You need JavaScript enabled to view it..

    NEWS RELEASE

    MINISTRY OF FINANCE & ENERGY

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    NO. 29/2017                                        DATE: May 9, 2017

     

    NO CONCESSIONS ON VEHICLES FIVE YEARS OLD AND OVER

     

    ST. GEORGE’S, GRENADA, Tuesday, May 9, 2017:  The Ministry of Finance and Energy wishes to advise the general public that, effective June 1st, 2017, applications from persons/organizations, to Government, for a waiver from the payment of duties and taxes (concessions) on the importation of vehicles that are five years old and over will no longer be considered.

    This policy decision has become necessary as Government continues to honour its commitment to environmental stewardship and sustainable development.

    Please be guided accordingly.

    NEWS RELEASE

    MINISTRY OF FINANCE & ENERGY

     

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    NO. 27/2017                                          DATE: April 18, 2017

     

    ADJUSTMENT TO PETROLEUM PRICES FOR MARCH 2017

    ST. GEORGE’S, GRENADA, Tuesday, April 18, 2017: The General public is hereby informed that, effective, Tuesday April 18th, 2017, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in the State of Grenada will be as follows:

     

    GRENADA

    Products                                 Old Price            New Price

    Gasoline                                  $14.17/IG            $14.06/IG

    Diesel                                      $13.20/IG            $12.83/IG

    Kerosene                                 $7.69/IG              $7.36/IG

     

    L.P.G (Cooking Gas):           Old Price           New Price

    20 lbs Cylinder                        $40.00                $40.00

                                                    $37.00*              $37.00*

    100 lbs Cylinder                      $193.855            $188.75

    Bulk                                         $2.00/lb             $1.95/lb

     

    CARRIACOU

    Products                    Old Price            New Price

    Gasoline                      $14.35/IG           $14.24/IG

    Diesel                           $13.389/IG         $13.01/IG

    Kerosene                       $7.88/IG             $7.55/IG

     

    PETIT MARTINIQUE

    Products                                 Old Price              New Price

    Gasoline                                  $8.85/IG                $8.74/IG

    Diesel                                      $7.88/IG                $7.51/IG

    Kerosene                                 $7.88/IG                $7.55/IG 

     

    CARRIACOU & PETIT MARTINIQUE

    L.P.G (Cooking Gas)      Old Price           New Price

    20 lbs Cylinder                     $49.00                $49.00

                                                 $46.00*              $46.00*

    100 lbs Cylinder                   $216.85              $211.75

    Bulk                                      $2.00/lb             $1.95/lb

    *Petrocaribe’s LPG 20lb Cylinder

    The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 16th March, 2017 to 11th April, 2017.

    Consumers are encouraged to immediately notify the Price control/Consumer Affairs Unit in the Ministry of Finance of any instance of overpricing at telephone number 440-1369.

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    Contact Information

    Grenada Chamber of Industry
    and Commerce
     
    Frequente, Building 11
    P.O. Box 129, St. George's
    Grenada, West Indies
     
    Tel: (473) 440 2937
    Tel: (473) 440 4485
    Fax: (473) 440 6627
    E-mail: gcic@grenadachamber.org

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