SI HAS ONE OF LOWEST RATES OF ELECTRICITY ACCESS
Solomon Islands only electricity supplier SIEA. Photo: SIBC.
Solomon Islands currently has one of the lowest rates of electricity access in the world.
It is also among the highest electricity prices in the world with over 80- US cents per Kilowatt hour, kWh.
In Honiara, which accounts for around 90 percent of the nation’s electricity generation and consumption, 64 percent of households is grid connected.
Outside of Honiara, where 90 percent of the population lives, 6 percent of households are grid connected.
New investments to strengthen the Honiara distribution grid will significantly improve services to those who are already connected, and will facilitate providing access to the 36 percent of households in Honiara that are not already connected.
A massive 13-million additional funding towards the country’s Sustainable Energy Project is to improve current services.
A media statement from the World Bank says the low-interest grant from the International Development Association,IDA, is part of World Bank’s fund to the poorest countries.