Consultations begin today on JPS application for 21 per cent rate increase
The Office of Utilities Regulation (OUR) is to begin public consultations on a proposed rate hike for the Jamaica Public Service Company Limited (JPS).
The first consultation is slated for Ardenne High School in St Andrew, today.
The other consultations this week will take place in Mandeville, Manchester, tomorrow and Portmore, St Catherine, on Wednesday.
Other consultations are scheduled for St James, St Ann, Westmoreland, and Portland, starting next week Tuesday.
The review for an increase of the non-fuel tariffs charged by the JPS could see Jamaicans paying an average of 21 per cent increase in electricity bills.
The OUR has 90 days from April 7 to respond to the request from the JPS.
In the meantime, in a media release last evening, the JPS said it is never a good time to ask for an increase, particularly given current economic challenges.
But the President and Chief Executive Officer of the JPS, Kelly Tomblin says the company is using the periodic five year review to have its pricing structure adjusted to reflect what it has invested to improve its systems, service and reliability.
She says the increase will also enable further investments in building a better company to serve Jamaica's needs.
The last comprehensive review of JPS’ rates was done in 2009.
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