The BVI Electricity Corporation has announced that reduction in the recent months' electricity bills was as a result of the global decline in the cost of oil, and the corresponding by-products of same, such as gasoline and diesel fuel.

Residents in the Virgin Islands would have noticed as much as a 47% percent decrease in electricity bills. The fuel surcharge rates which customers would have seen on their bills year to date in 2020 is as follows:

• January - $0.093
• February - $0.083
• March- $0.067
• April- $0.041
• May- $0.009

The BVI Electricity Corporation has about 15,600 customers Territory-wide that benefited from the reduction in fuel surcharge.

The corporation remains committed to delivering an exceptional customer experience by fostering partnerships and safely developing the BVI as we invest in our people and provide sustainable, innovative energy solutions at an affordable cost.

NOTE TO EDITOR: Photo: BVI Electricity Corporation, Long Bush, Tortola location