JPS December bills to go down
Jamaica Public Service (JPS) customers will see a two per cent reduction in their December bills when compared with the rate charged last month, according to the light and power company.
This follows an eight per cent reduction in last month's bill.
This month, the JPS said it would again pass on lower fuel costs to customers as a result of continuing decreases in the cost of the oil used to generate electricity.
The drop in the cost of oil is reflected in the Fuel & IPP Charge on customers’ bills.
The Fuel & IPP Charge on electricity bills has seen a 16 per cent reduction in the last three months, moving from 26 dollars 88 cents per kilowatt-hour on September bills to 22 dollars 51 cents per kWh on December bills.
This charge makes up more than 60 per cent of customers’ electricity bills and changes from one month to the next, depending on how much the JPS pays Petrojam for the oil used to produce electricity.
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