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JPS applies for extraordinary rate review

Published:Thursday | November 24, 2016 | 11:50 PM

The Jamaica Public Service Company Limited has applied to the Office of Utilities Regulation (OUR) for an extraordinary rate review.

The JPS is allowed to make such an application as a result of amendments to its licence which came into effect on 2016 January 27.

The OUR says the JPS, in its submission received on October 25 maintained that the Electricity Licence 2016 includes several changes which impact the calculation of its non-fuel rates.