Electricity charges are expected to drop by up to six per cent this month.

This after the Jamaica Public Service Company (JPS) lowered the fuel and IPP charges to customers by just over $2 per kilowatt hour (kWh), when compared to the rate used in May.

According to the JPS, this means that a typical residential customer whose usage remains constant at 200 kWh will see a reduction of approximately six per cent in their electricity bill.

In a statement last evening, the light and power company said the decision to reduce its fuel and IPP charges was based on the recent downward trend in oil prices.

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THE action challenging the legality of the Jamaica Public Service’s (JPS) exclusive all-island licence will reconvene in the Supreme Court today, a week after Justice Bryan Sykes reserved judgement in the case.

The matter is being recalled for further submissions to be made on a 1913 case, the ‘London Electric Supply Corporation Ltd v Westminster Electric Supply Corporation Ltd’, which the claimants are confident will help their cause against the light and power company.

Renewed tensions between Iran and the West pushed oil to its highest level in more than a month.

Iran is again threatening to block a critical Persian Gulf shipping route in response to a European embargo of Iranian oil. Iran has sparred for months with the West over its nuclear programme.

Benchmark US crude added US$3.91, or 4.7 per cent, to end at US$87.66 per barrel in New York. That’s the highest price since May 30.

Brent crude, which sets the price of oil imported into the United States, rose above US$100 for the first time in three weeks, adding US$3.34, or 3.4 per cent, to finish at US$100.68 per barrel in London.

Iran said Tuesday that it test-fired several ballistic missiles, including a long-range variety meant to dissuade an attack by Israel or the US.

The New York Times

1. Overview

1.1 PURPOSE

1.1a What is the purpose of the Net Billing Standard Offer Program?
The Net Billing Standard Offer Program is intended to support greater use of renewable sources of energy in
Jamaica. The program seeks to encourage electricity production by small intermittent sources of renewable
energy of 100kW or less, via a simple contract arrangement. These installations will require supplemental power
from the JPS and will on occasion have excess electricity, which can be sold to the utility – so long as the Gross
System Output does not exceed 10kW AC output for residential facilities, or 100kW for commercial facilities.

1.1b Who Initiated this Program?
The Government of Jamaica as part of its Energy Policy has proposed a number of initiatives to make investment
in electricity generation for the public grid from renewable sources, economically viable. The Government has set a
target where 15% of total generation should be provided from renewable energy sources by 2015. The
OUR, which is responsible for the addition of generating capacity to the grid, has reserved a block of capacity for
renewable sources, one portion of which should be in the category of 100kW or less.

read more…
http://www.myjpsco.com/_pdfs/Net-Billing_Questions_Answered.pdf