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NEWS RELEASES
JPS Customers to get Rebate for Petrojam Overcharge
August 2, 2012
JPS customers are to be repaid for a
fuel overcharge by Petrojam this month. The rebate to customers
rises because Petrojam overcharged Independent Power Producer (IPP),
Jamaica Private Power Company (JPPC), for fuel purchased to generate
electricity. The fuel rebate is to ensure the return of the monies
that had been overcharged by Petrojam, and which had been reflected
on customers' bills.
PPC is one of the private power companies from which JPS purchases electricity sold to customers. All costs associated with the electricity produced by these companies are passed on to customers. It is therefore in this context that the overcharge by Petrojam to JPPC was included in customers' bills.
The OUR has determined that the overcharge by Petrojam is to be refunded to JPS customers during the month of August.
PPC is one of the private power companies from which JPS purchases electricity sold to customers. All costs associated with the electricity produced by these companies are passed on to customers. It is therefore in this context that the overcharge by Petrojam to JPPC was included in customers' bills.
The OUR has determined that the overcharge by Petrojam is to be refunded to JPS customers during the month of August.
