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Economy

In Move to Further Encourage Virgin Islanders to be Energy Independent, V.I. Energy Office Announces…

Staff Consortium | October 07, 2021

The V.I. Energy Office this week announced that it was deferring a grid access charge (GAC) from its Net Energy Billing Program, a move that could serve as an additional incentive for Virgin Islanders to take advantage of the program. In 2019, the Bryan administration announced a successor to the previous net metering program that would allow residents to offset their electricity costs by selling power back onto the V.I. Water and Power Authority grid. The program is for residents utilizing alternative sources of energy. Called the Net Energy Billing program, or NEB, the effort aims to foster the deployment of distributed generation of renewable energy throughout the territory along with greater energy independence for property owners, the administration said at the time. This week, the Energy Office took another step to make the program…

Members of Congress Press Biden-Harris D.O.J. To Reject…

Staff Consortium | September 08, 2021

Today Congressman Raúl Grijalva (D-Arizona), the chair of the House Natural Resources Committee and…

$71 Million Projected Surplus Touted By Bryan Administration…

Kyle Murphy | September 01, 2021

Office of Management and Budget Director Jenifer O'Neal during a Senate finance hearing Tuesday said…

Major USVI Funds are Showing Negative Balances, and…

Kyle Murphy | August 07, 2021

At the end of a Department of Finance budget hearing Thursday, Committee Chairman Senator Kurt Vialet…

Latest

USVI Receives $8.5 Million For Mortgage Assistance

Kyle Murphy | April 20, 2021

Governor Albert Bryan announced during the administration's weekly Covid-19 press briefing Monday a mortgage assistance program for Virgin Islanders struggling to make mortgage payments and those who ...

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