The Electricity Wheeling Tariff Methodology Determination prescribes the method to be used to determine wheeling charges on the transmission and distribution network for the 2019 – 2024 Rate Review period. It also sets out the methodology for determining connection charges and the process for allocating system losses to self-generators involved in wheeling transactions. The Determination does not however, specify the...

The Jamaica Public Service (JPS) Company will conduct an all-island simulation to test the country’s readiness as part of the entity’s ongoing disaster preparedness strategy. “It should be happening sometime this month,” said JPS Operations Manager, Kenny Wilkinson. He was addressing the monthly meeting of the Hanover Municipal Corporation on Thursday (July 9) to outline the light and power company’s...

The Ministry of Science, Energy and Technology (MSET) and the Jamaica Public Service Company Limited (JPS), have agreed that more will be done to address customers’ concerns about high electricity bills. This position was reached following presentations to the Government in which JPS outlined several factors that would have contributed to higher electricity bills since the advent of COVID-19. In...

The country has saved J$376,355,737.57 (more than US$3.2 million) in electricity costs resulting from a reduction in energy consumption in several government entities. These savings were realised over a nine-year period at 28 facilities, which received energy-efficient retrofits and interventions under the Energy Efficiency and Conservation Programme (EECP). This was disclosed by Minister of Science, Energy and Technology, Hon. Fayval...

Approximately 380 motorists whose vehicles were affected by “bad gas” in 2015 will benefit from a compensation package valued at $24.5 million, Minister of Science, Energy and Technology, Hon. Fayval Williams, announced during a digital press conference on Friday (May 22). She said that Petrojam Ethanol Limited (PEL) had paid over the funds for the settlement to the Consumer Affairs...

Petrojam Ethanol Limited (PEL) has paid over J$24.5 million to the Consumer Affairs Commission (CAC) as compensation for consumers who were affected by the bad gas incident of 2015. Only persons who would have filed claims that were approved by the CAC will be compensated. Some 380 motorists stand to be compensated from the payout. Minister of Science, Energy and...

The Government notes the unprecedented collapse in world oil markets today (April 20) where prices collapsed more than 99% before going negative. Over the past few weeks, we have had a small team from the Ministry of Finance and the Public Service working with our bankers and multilateral partners on the possibility of hedging Jamaica’s future oil supplies. The team...