Some JPS customers to see 0.5% increase in electricity bills
KINGSTON, Jamaica — Customers of Jamaica Public Service Company Limited (JPS) will see marginal movements in their electricity bills this month.
According to the Office of the Utilities Regulator (OUR), residential and small and medium business customers will see a less than 0.5% per cent increase in their bills, while medium to large high-volume consumption businesses will see a 0.5 per cent or less decrease in their bills.
OUR said this is inclusive of fuel and Independent Power Producers’ (IPP) charges.
The new rates took effect October 1 and will therefore be reflected in customers’ bills issued or consumption after that date.
The projected bill impact follows OUR’s approval of a 2.8 per cent average increase in non-fuel tariff and a 0.4 per cent average increase in the overall tariff in its determination in response to JPS’ 2018 Annual Review and Extraordinary Rate Review application.