Description: In their latest submission to the OUR, the JPS is seeking a 17.5% increase for residential customers. The OUR outlined that the proposed 4.69% increase in the overall rate is explained by a change in the average non-fuel tariffs of approximately 17.53%, versus an expected reduction in the fuel tariffs of 6.10%. This is precisely why consumers should seriously consider the option of a solar PV system. A solar PV solution will insulate you from the vagaries of changing tariffs and fuel prices, and the Jamaican dollar exchange rate. Payback times are less than 3 years, and you will have consistent and predictable electricity bills for the next 20 years.
Category: Business
Tag: Saddle Energy Ltd