The Office of Utilities Regulation (OUR) is warning customers of the Jamaica Public Service Company (JPS) to brace for more hikes in their electricity bills.
However, it says the increase in renewables to 12 per cent and the fixed price of liquefied natural gas at 62 per cent may provide a significant buffer against such shocks.
The warning from the OUR comes ahead of plans by the regulatory agency to conduct a power sector study this fiscal year.
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