Profile Overview
Quick Facts
- In 2023, propane generated almost three-fifths of the U.S. Virgin Islands' (USVI) electricity, fuel oil about two-fifths, and solar power supplied about 2%.
- The average price of electricity paid by USVI residents was about 42 cents per kilowatthour at the end of 2023, which was almost three times higher than the U.S. average power price of 16 cents per kilowatthour.
- Since 2009, the USVI requires that solar-powered water heaters provide 70% of a building's heated water needs in all new construction and major renovations.
- Nearly all of the energy consumed in the USVI is provided by imported petroleum products, with about 70% of petroleum consumption consisting of distillate fuel and residual fuel.
- In 2022, the industrial sector accounted for about 42% of USVI’s electricity consumption, followed closely by the residential sector at almost 42%, and the commercial sector at 16%.
Last Updated: March 21, 2024