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Near 2% reduction in light bills this month — JPS

Saturday, August 12, 2017

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KINGSTON, Jamaica — The Jamaica Public Service (JPS) says customers will see on average, a near two per cent reduction in bills this month, as the company passes on savings to its customers, due to a drop in fuel prices.

The utility company, in a press release yesterday, said this is the second consecutive month to see a fall in electricity rates, as July rates dipped by 1.12 per cent, making it a roughly three per cent decrease in rates over July and August.

“This month, customers will see a 1.83 per cent decrease in rates, as the Fuel & Independent Power Producers (IPP) Charge for August has been reduced. The total cost per kWh of electricity now stands at approximately 26 US cents or about J$32.72, for residential customers,” JPS said.

They further explained that a customer, who consistently uses 165 kWh per month, will be paying $100.44 less for his bill this month, compared to what he paid last month. This customer will pay $5,399.39 for the 165 kWh of electricity used, as against the $5,499.83 that was paid in July for the same usage.

JPS also said it has consistently passed on savings resulting from the fall in the price of oil on the world market, whenever it occurs.

The energy company also reminded customers of the importance of energy efficiency during the summer, which typically sees increased consumption levels, because of high temperatures and the presence of family and friends in the home, for the holidays.

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