Consumers to pay more for electricity
The Jamaica Public Service Company (JPS) said there would be an increase of about nine per cent on customer’s bill this month.
The JPS said this is as a result of an increase in the Fuel and Independent Power Producer (IPP) charge.
The light and power company said the constant devaluation of the Jamaican dollar in the last two weeks has resulted in an overall increase of about 9 per cent for the average residential customer.
The JPS said the IPP charge to be applied to customer’s bills for this month is 9 dollars and 18 cents compared with the 8 dollars and 65 cents charged last month.
The company said the increase in the price of oil has also contributed to the increase in the Fuel and IPP charge.
The company said the fuel charge that appears on customers’ bills each month is determined by the cost of the fuel used the previous month and is likely to change with each billing period.