JPS says it's not losing many big-paying customers
The Jamaica Public Service (JPS) says it is not losing large customers which Government Senator Aubyn Hill says will see the company charging regular customers more for electricity to make up the losses.
Speaking in the Senate last week, Hill claimed there was a strong move afoot among some of JPS' biggest corporate customers to create their own renewable energy supplies and take themselves off the national grid.
While not giving a figure, JPS president and chief executive officer, Kelly Tomblin said the company has not seen 'a lot' of big corporations leaving the grid.
In fact she says some who left have returned.
According to Tomblin, pricing has to be worked out fairly because when customers come off the grid during the day the JPS has to generate power for the nighttime when they return.
Senator Hill, last week jolted the JPS when he said the Andrew Holness administration is obliged to review the electricity licence issued in January 2016 because it appears to oppose the interest of Jamaica.
Hill criticised the pricing regime which is pegged to the revenue the company is allowed to make.
He also has issues with JPS getting the first right of refusal to replace generating plant.
But Tomblin is urging caution about shredding a deal with an investor signed by a previous administration.
Hill, who is the chief technical adviser to the finance minister said he made the suggestion in his capacity as senator to stir national discussion.