Tag: electricity

Inflation (Actually, Deflation) Continues Into April

We are now 4 months into the new year and we have yet to experience one month of inflation. Four consecutive months of deflation has left us with a year to date Inflation figure of -0.6% (or deflation of 0.6%).

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The High Cost of Power: Why Jamaica’s Electricity Is So Expensive (In Layman’s Terms)

“Why is my light bill so high?” “Why am I paying so much for light?” These are not unfamiliar questions for Jamaicans at the end of each month when they receive their electricity bills. A common concern has been the very

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5 Facts: JPS Submission For Tariff Adjustment 2016

In a media release issued May 19th, the Office of Utilities Regulation (OUR) announced that the Jamaica Public Service Company has made a submission for its annual tariff adjustment for 2016. Below are 5 facts released by the OUR about JPS’

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6 Things You Need To Know Today – March 3, 2015

Insurance Premiums Skyrocket For Accident-Prone Class Of Young Drivers. The carnage on the nation’s roadways is causing drivers under 30 years old to dig deeper into their pockets to pay, on average, as much as 80 per cent more for motor

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Why Is The Cost Of Electricity So High In Jamaica?

The Jamaica Public Service Company Limited (JPSCo) has been making headlines since the start of the new year, when its request for a 21 per cent rate increase was denied by the Office of Utilities Regulation (OUR). But that was not

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6 Things You Need To Know Today – August 26, 2014

Sugar-Cane Power – Pan Carib To Generate Electricity From Bagasse. The Chinese-owned Pan Caribbean Sugar Company Limited is powering up its generators in order to use bagasse to produce energy to slash its electricity cost and ease the burden on the

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Is Coal the Answer to Jamaica’s Energy Crisis?

Last January, the government of Jamaica finally ended its decade-long flirt with the idea of introducing liquefied natural gas (LNG) as the solution to the country’s high electricity prices, but the project had already cost us US$4 million. Currently, it costs

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6 Things You Need To Know Today – September 26, 2013

DAY OF HORROR – Four Students Perish In Crash. It’s a scene that is becoming too familiar, and not in a good way: grieving students weeping openly, and teary-eyed teachers trying to console them… Read more at Jamaica-Gleaner.com Rural School-Bus Plan

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6 Things You Need To Know Today – September 10, 2013

Extortion Menace – Crime On The Rise As Downtown Kingston Returns To Pre-Tivoli-Incursion State. Raging illegality, rampant indiscipline and flagrant criminality that have, again, overtaken the bustling downtown Kingston commercial district have left influential players in the redevelopment exercise troubled… Read

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IMF Watch: Coal For Jamaica’s Fuel Diversity?

Energy or fuel diversification have become important buzzwords in Jamaica in recent years as the country struggles to rein in its runaway electricity costs. While oil is the most common fuel source, it is extremely expensive and the price is

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