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JPS residential customers to see reduction on October bills

Residential customers of the Jamaica Public Service Company (JPS) will see a reduction in their electricity bills this month.
 
According to the utility company, there will be an average 3.68% decline due to reduced fuel prices and an improvement in the foreign exchange rate.  
 
The average selling rate for the US currency moved from $152.09 in September to $147.24 earlier this month.
 
The JPS says the fuel charge declined from $23.38 to $21.96 per kilowatt hour. 
 
It pointed out that a customer who consistently uses 165 kilowatts per hour monthly will pay $7,728 this month, down from $8,023 in September.


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