Jamaicans can expect to pay a little less for electricity bills this month. The Jamaica Public Service says despite the harsh economic climate and weakening dollar, there will be a five percent reduction in electricity bills for the month of April.
The Energy company in a statement on their website says the lower fuel cost is reflected in the Fuel and IPP Charge on bills as for April it is $24.35, compared to $26.54 applied to March bills.
The JPS also pointed out that the main contributor to high energy costs is the cost of oil used to generate electricity which fluctuates each month.
65 cents for every dollar collected by The Jamaica Public Service is used to pay Petrojam for oil.
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