The United Nations
The government is moving to liberalise the renewable energy market with amendments to the Petroleum Corporation of Jamaica Act.
All public street lights in Barbados will be replaced with energy efficient lamps.
There are also plans to retrofit at least 12 government buildings with solar power systems.
This
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.
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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 THE Jamaica Public Service Company (JPS) says it has halted an electricity theft scam that was taking place in Seaview Gardens, St Andrew. 1. Overview 1.1 PURPOSE 1.1a What is the purpose of the Net Billing Standard Offer Program? 1.1b Who Initiated this Program? read more… ![]() |


