Chastanet says electricity cost too high

Prime Minister Allen Chastanet says St Lucians are paying too much for electricity.

Chastanet says the high electricity rate is affecting St Lucia’s global competitiveness and he called on LUCELEC to pick up the pace of its investment in renewable energy.

“LUCELEC is a company that I think we’re all very proud of in terms of what their accomplishments are but we have a problem.  The fact that we’re paying $0.38 a kilowatt hour for electricity is something that cannot stay,” Chastanet said.

The Prime Minister said LUCELEC must take greater steps to reduce the island’s dependency on fossil fuels and to meet St Lucia’s international commitments.

27 Comments

  1. phillipa
    February 2, 2018 at 10:41 am Reply

    I think Wasco is just as expensive as Lucelec because I pay the same amount in water as electricity.

    1. Judge Judy
      February 2, 2018 at 3:03 pm Reply

      Water is $40 on average

    2. EN bien bon
      February 3, 2018 at 10:26 am Reply

      This is my problem with this PM: he talks and talks and talks but does nothing meaningful. If he believes that utilities are too high(and in this case , electricity) he should simply take the necessary action to reduce it. He is PM. Don’t tell me its to high and do nothing, Mr. PM. Do something.

    3. The Righteousness in Christ.
      February 3, 2018 at 4:23 pm Reply

      It is time for us to explore other options like; Geothermal, Solar and Wind energy to lower the cost of electricity in this country. We need to start now and not later.

  2. Jenno
    February 2, 2018 at 11:05 am Reply

    That shouldn’t be….you may have a leak that is not very apparent ….check thoroughly!!

  3. Lucia Man
    February 2, 2018 at 11:22 am Reply

    If Allen only knew what he was talking about, then and only then I would try my best to work or understand where is coming from. The guy is what they call a “Snake Oil Salesman… End of story… I will not go into depth to discuss this piece of news reporting because the news report that took time off to use this as a news item is just as dam as Allen. We all know which organization that is responsible for price hikes and decreases. Thank you.

  4. DT
    February 2, 2018 at 11:38 am Reply

    Where is rest of the article – the background story of the same PM allowing a perfectly good wind farm in Dennery to be shelved. There is no denying that that project would have reduced electricity cost.
    Shame on you PM!!

  5. John
    February 2, 2018 at 12:17 pm Reply

    The wind farm that a private investor wanted the government to compulsory acquire local people land and just give it to them….smh

  6. 666 - No Political Affiliation.
    February 2, 2018 at 12:21 pm Reply

    Duh!

  7. Danielle
    February 2, 2018 at 12:27 pm Reply

    Doesn’t LUCELEC report millions(I stand corrected ofcourse) in profits annually? Combined with the reported exorbitant compensation, perks and overall extravagance enjoyed by the Senior Management team, it would appear to me that a reduction in the aforesaid could possibly offset the cost of electricity to the consuming public, if these funds are translated into a subsidy of some sort? I don’t know, just my layman evaluation of their operational model. Perhaps one of the intellectuals on this thread can enlighten me. Over to you…

  8. TC
    February 2, 2018 at 1:09 pm Reply

    I quite agree PM on the matter. Electricity costs are too high.. Another one killing Lucians businesses here is the high costs of rent…

  9. Vibz
    February 2, 2018 at 1:32 pm Reply

    Almost everything one needs to make life comfortable in St. Lucia is prohibitively expensive. Electricity high, rent high, food high, the only thing that is low is your weekly wage or monthly salary. Living a decent lifestyle has eluded too many among us. Geothermal, solar and wind energy are the way to go.

  10. Judge Judy
    February 2, 2018 at 4:20 pm Reply

    I guess Sandals & Coco Palm complaining? Rest assured those guys aren’t for us. Same person that said subsidizing sugar & flour not helping the poor.

  11. AA
    February 2, 2018 at 4:41 pm Reply

    The PM said Elec cost is too high and believe it or not there Lucians who still hv a problem with the statement. SMH. I guess Pierre and Hilaire will oppose the suggestion for LUCELEC to reduce our dependence on fossil fuels. SMH @ Lucians. ELEC IS TOO DAMN HIGH IS DIS COUNTRY

  12. Cork shat
    February 2, 2018 at 6:23 pm Reply

    I think government should take over Lucelec once and for all electricity is more than a average person’s salary is like we working to pay bills only cost of living is high too Mr.Prime minister we lucians need a relief.

    1. Anhonymous guy
      February 5, 2018 at 8:31 am Reply

      That’s not how it works, Lucelec has a 99 year exclusivity deal most the government can do it tax them which in turn might raise the cost of the electricity even more.

  13. lisa
    February 3, 2018 at 9:08 am Reply

    yes Chastanet that’s how you fool gullible St Lucians. And trust, they will fall for it. Tell them they pay too much for electricity, but they don’t realize electricity is based on gas prices. And lookie!!! you have gas prices going up changing every 2, 3 weeks or so. So they will hear and agree electricity is too high!!! But U won’t tell them it’s your own fault and they will feel all grateful to you because ure showing them like u care. The Mockery I tell u.

  14. Vaughn Blanchard
    February 3, 2018 at 1:09 pm Reply

    What is wrong with you people? The, Prime Minister quoted the price per kh. That is before the fuel surcharge. SMDH

  15. adsa
    February 3, 2018 at 7:17 pm Reply

    Doesn’t Chastanet know, LUCELEC is owned by foreigners. Emera is HQ’d in Canada. First Citizens is Trinidad. So 40% owned by foreign companies. Government has 45.55% through itself, CCC and NIC. Individual shareholders many of them are not local make up the rest.

    The current makeup of shareholders include: EMERA (St. Lucia) Limited (20%), First Citizens Bank Ltd. (20%), National Insurance Corporation (20%), Castries Constituencies Council (15.50%), Government of Saint Lucia (10.05%), and individual shareholders (14.45%).

  16. Nemiah
    February 3, 2018 at 11:25 pm Reply

    We oppose every thing in this country good or bad so were are we going .Can we ever developed this country meaningfully?

  17. Ernest and Philip
    February 4, 2018 at 8:20 am Reply

    Expect Tom and Jerry (Philip and Ernest) to oppose.

    1. Still There
      February 4, 2018 at 11:59 am Reply

      When will you grow up? We discussing electricity price and your only contribution is about Tom and Jerry. So everything for you is about carton. Come on get out of the infant mode. Hurry grow up, Damn it.

    2. The man himself
      February 4, 2018 at 2:13 pm Reply

      This is the reason why this same PM said 43% of us males are preschool educated because you people have already forgotten about the company that this same government let go last year that that would bring relief to thousands of homes especially on the east coast. Smh.

  18. Dutuerte
    February 5, 2018 at 6:22 am Reply

    All those that crying about high prices always creating traffic going to the malls and come carnival you will see them

  19. Anonymous
    February 6, 2018 at 10:02 am Reply

    I agree with the PM

    PM you should lead the masses in protest action.

    🙂

  20. Simeon Pultie
    February 6, 2018 at 10:40 am Reply

    Who does mister feel he fooling? You turned down a wind project that would have provided cheaper electricity to the country and now you’re telling LUCELEC to lower prices!? This guy is shameless!

  21. Tony Effraime
    February 6, 2018 at 3:26 pm Reply

    JohnFebruary 2, 2018 at 12:17 pm REPLY ↓
    The wind farm that a private investor wanted the government to compulsory acquire local people land and just give it to them….smh

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