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Since Jamaica’s energy mix is over 90% reliant on diesel fuel to provide electricity for the country this should be very troubling. If you think your electric bills are high now Jamaica just wait until oil hits US$100 a barrel this year. Solar for you business now! Since businesses run in the days they can utilize the suns energy. Dont listen to the false reports that solar is not beneficial for Jamaica. Those reports are coming from sources who benefit from high electricity costs. Especially since we at Solar Buzz have secured 4-6% interest rates and up to 15yr terms on overseas commercial green loans. SAVE YOUR BUSINESS NOW BEFORE ITS TOO LATE!!!! Contact us for a free evaluation on our energy management system and solar solution.
Solar for residential will be cheaper when JPS stops blocking the nation from having net billing or net metering. JPS and the govt are not working fast enough to allow Jamaica to save through alternative energy because JPS is greedy and the govt owns 20% of JPS so high prices benefit them both. The government who can help the country solve the energy issue instead of pushing false hopes of LNG, which at best is 5yrs away, will reign supreme. That’s not hard to figure out but instead they push a solution (LNG) that will cost JPS or tax payers US$700 million in upgrades. Why? Take a guess Jamaica. The cost of LNG is not promised and will rise as world demand rises locking us into the a similar oil situation in the future. See the fuel prices in today’s Observers article below and brace yourself for a painful year in electricity costs.
MOTORISTS will pay more at the pump when they fill up tomorrow following the latest ex-refinery prices announced by Petrojam today, among increases for all of its petroleum products.
Kerosene will recorded the largest increase, up $2.69 to $94.02 per litre.
Diesel will increase $1.96 to $91.92 per litre. Meanwhile gasoline 87 and 90 will both rise by 51 cents to $89.82 and $91.48 per litre respectively.
Increasing by the same amount as gasolene, propane (liquid petroleum gas) will cost $37.43. Butane (LPG) will increase by 2 cents to $45.73 per litre.
Marketers will add their respective margins.
Related articles
- As oil nears $100 mark, threat to nascent recovery grows (theglobeandmail.com)
- bill clinton tells jamaica and the caribbean to embrace renewable energy (greenantilles.com)
