OUR rejects JPS tariff increase, suggests rate cut instead
The Gleaner understands that the Office of Utilities Regulation (OUR) has rejected a request for a 21 per cent tariff increase by the Jamaica Public Service (JPS).
According to a government source, the OUR is instead proposing a rate cut of up to four per cent.
The OUR and the light and power company have declined to comment on the issue, saying only that the JPS’ tariff review application was still in progress.
Read full story in the business section:
OUR Weighing Rate Cut For JPS http://jamaica-gleaner.com/gleaner/20141112/business/business1.html
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