Beautiful Virgin Islands

Wednesday, Aug 27, 2025

What’s the BVI’s electricity cost compared to the region and world?

What’s the BVI’s electricity cost compared to the region and world?

A study by the United Kingdom firm, Cable.co.uk, has ranked the British Virgin Islands as having the twelfth cheapest cost of electricity in the Caribbean.

The countries which have cheaper electricity than the BVI are Puerto Rico, oil producers Trinidad & Tobago, St Pierre and Miquelon, Guadeloupe, Cayman Islands, St Martin, St Barthélemy, Caribbean Netherlands, Martinique, Aruba, and St Vincent and the Grenadines; in that order.

Despite its ranking from a list of 29 Caribbean nations, the BVI’s global rank is 175 out of the 230 countries analysed in the study.

The sample analysed from the BVI shows that the average cost of electricity is $0.225 per kilowatt-hour (kWh). The territory’s lowest cost is $0.1675 per kWh and its highest is $0.24 per kWh.

The territory’s average cost for power is 32 times higher than Libya, whose cost of electricity is the cheapest in the world with an average of $0.007 being charged per kWh. The Solomon Islands is the most expensive with an average cost of $0.692 per kWh.

The study highlighted that the Caribbean countries are among the highest payers of electricity across the world.

“Most Caribbean nations are in the more expensive half of the study results. Curaçao is the most expensive in the Caribbean with an average of $0.419, while an average of one kWh in Puerto Rico is eight times cheaper at USD 0.049. The Caribbean consists of island nations where electricity generation tends to be more difficult,” the researchers found.

Power generally expensive in small-island nations


The study further noted the countries in which electricity cost is expensive tend to be small-island nations where electricity is harder to generate and/or there are no large-scale power stations.

“Conversely, the cheapest places in the world to buy electricity tend to be countries where either oil and gas prices are very cheap (countries which produce fossil fuels on a large scale), or where household electricity usage is very small and therefore tends not to require a lot of expensive infrastructures,” it added.

Researchers from the UK firm spent more than six months analysing data from 3,883 energy taxes across 230 countries worldwide.

What the BVIEC says


Meanwhile, in an interview with the General Manager of the BVI Electricity Board (BVIEC) Leroy Abrahams recently, he revealed the global fluctuation of oil production and cost has impacted the cost of electricity in the territory.

This came in light of complaints made by residents that they have seen an increase in their electricity bill over the last several months.

The General Manager also said the cost for the corresponding fuel needed to produce electricity has been rising steadily in the United States and it has been reported that fuel costs are the highest in almost a decade.

Abrahams had noted fixed electricity rate charges have not changed in the British Virgin Islands for approximately 40 years. He said the only element which fluctuates on a monthly basis with respect to rates on a customer’s bill is the “fuel variation surcharge” which is reflective of the market value of fuels.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Spotify’s Strange Move: The Feature Nobody Asked For – Returns
Manhunt in Australia: Armed Anti-Government Suspect Kills Police Officers Sent to Arrest Him
China Launches World’s Most Powerful Neutrino Detector
How Beijing-Linked Networks Shape Elections in New York City
Ukrainian Refugee Iryna Zarutska Fled War To US, Stabbed To Death
Elon Musk Sues Apple and OpenAI Over Alleged App Store Monopoly
2 Australian Police Shot Dead In Encounter In Rural Victoria State
Vietnam Evacuates Hundreds of Thousands as Typhoon Kajiki Strikes; China’s Sanya Shuts Down
UK Government Delays Decision on China’s Proposed London Embassy Amid Concerns Over Redacted Plans
A 150-Year Tradition to Be Abolished? Uproar Over the Popular Central Park Attraction
A new faith called Robotheism claims artificial intelligence isn’t just smart but actually God itself
Deputy Prime Minister Angela Rayner Purchases Third Property Amid Housing Tax Reforms Debate
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Italian Facebook Group Sharing Intimate Images Without Consent Shut Down Amid Police Investigation
Dutch Foreign Minister Resigns Amid Deadlock Over Israel Sanctions
Trump and Allies Send Messages of Support to Ukraine on Independence Day Amid Ongoing Conflict
China Reels as Telegram Chat Group Shares Hidden-Camera Footage of Women and Children
Sam Nicoresti becomes first transgender comedian to win Edinburgh Comedy Award
Builders uncover historic human remains in Lancashire house renovation
Australia Wants to Tax Your Empty Bedrooms
MotoGP Cameraman Narrowly Avoids Pedro Acosta Crash at Hungarian Grand Prix
FBI Investigates John Bolton Over Classified Documents in High-Profile Raids
Report reveals OpenAI pitched national ChatGPT Plus subscription to UK ministers
Labour set to freeze income tax thresholds in long-term 'stealth' tax raid
Coca‑Cola explores sale of Costa coffee chain
Trial hears dog walker was chased and fatally stabbed by trio
Restaurateur resigns from government hospitality council over tax criticism
Spanish City funfair shut after serious ride injury
Suspected arson at Ilford restaurant leaves three in critical condition
Tottenham beat Manchester City to go top of Premier League
Bank holiday heatwave to hit 30°C before remnants of Hurricane Erin arrive
UK to deploy immigration advisers to West Africa to block fake visas
Nurse who raped woman continued working for a year despite police alert
Drought forces closures of England’s canal routes, canceling boat holidays
Sweet tooth scents: food-inspired perfumes surge as weight-loss drugs suppress appetites
Experts warn Britain dangerously reliant on imported food
Family of Notting Hill Carnival murder victim call event unmanageable
Bunkers, Billions and Apocalypse: The Secret Compounds of Zuckerberg and the Tech Giants
Ukraine Declares De Facto War on Hungary and Slovakia with Terror Drone Strikes on Their Gas Lifeline
Animated K-pop Musical ‘KPop Demon Hunters’ Becomes Netflix’s Most-Watched Original Animated Film
New York Appeals Court Voids Nearly $500 Million Civil Fraud Penalty Against Trump While Upholding Fraud Liability
Elon Musk tweeted, “Europe is dying”
Far-Right Activist Convicted of Incitement Changes Gender and Demands: "Send Me to a Women’s Prison" | The Storm in Germany
Hungary Criticizes Ukraine: "Violating Our Sovereignty"
Will this be the first country to return to negative interest rates?
Child-free hotels spark controversy
North Korea is where this 95-year-old wants to die. South Korea won’t let him go. Is this our ally or a human rights enemy?
Hong Kong Launches Regulatory Regime and Trials for HKD-Backed Stablecoins
China rehearses September 3 Victory Day parade as imagery points to ‘loyal wingman’ FH-97 family presence
×