What is the Virgin Islands Energy Office?

The Virgin Islands Energy Office (VIEO) is focused on promoting sustainable energy policies in the Virgin Islands through clean energy production and distribution, energy efficiency, transportation, and energy consumption. It achieves this through outreach, financial incentives, training, and technical assistance.

Will the Virgin Islands reduce fossil fuel use by 60% by 2025?

The Virgin Islands, with support from the U.S. Department of Energy (DOE) and the Office of Energy Efficiency and Renewable Energy (EERE), have set a goal of reducing fossil fuel use by 60% by 2025.

How many solar energy systems are installed in the Virgin Islands?

Nearly 1,*500 solar energy systems have been installed throughout the territory. 15 MW of distributed solar PV are either in place or under construction. As a result, the Virgin Islands government has authorized $35 million in funding to install lighting and water retrofits in 34 more schools.

What is the cost of electricity in the USVI?

The electricity rates in the USVI are $0.47 per kilowatt-hour (kWh). This is higher than the Caribbean regional average of $0.33/kWh.

Is the US Virgin Islands a good place to start a wind farm?

The US Virgin Islands have been recognized as a regional leader in clean energy due to the success of collecting wind resource data for its first commercial wind farm. DOE’s National Renewable Energy Laboratory has collected the necessary data for this project.

How does oil affect the cost of electricity in the USVI?

The USVI, like many island nations, is heavily reliant on fossil fuels for electricity generation. This reliance leaves the USVI vulnerable to global oil price fluctuations, which directly impact the cost of electricity. Assumes an average electricity price of $0.50/kWh and consumption of 767.4 gigawatt-hours (GWh).