Friday, January 24, 2020

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.


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

    • 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.

    • 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. 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.

  3. 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!!

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

  5. 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…

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

  7. 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.

  8. 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.

  9. 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

  10. 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.

    • 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.

  11. 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.

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

  13. 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%).

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

    • 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.

    • 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.

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

  16. 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!

  17. 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

Comments are closed.


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