The Jamaica Public Service Company is advising its customers to expect further reductions in their electricity bills due to lower fuel charges.
JPS says customers will see a 2% reduction in their December bills, compared to November, due to falling oil prices.
The company says this follows an 8% reduction in last month’s bill.
JPS says the Fuel and IPP charge on electricity bills has seen a 16-percent reduction in the last three months, moving from $26.88 cents per kilowatt-hour in September, down to $22.51 cents in December.
This charge makes up more than 60% of customers’ electricity bills and is based on how much JPS pays Petrojam for the oil used to produce electricity.
The fuel rate that appears on bills each month is based on the cost of the fuel used to generate electricity in the previous month.