As some of you may already know, JPS has made an application to the OUR for an increase in its non-fuel tariff rates. This was done in accordance with their exclusive all-island electricity licence, which stipulates that JPS must submit a filing with the OUR to obtain new rates at the end of every five… Continue reading JPS proposes massive residential rate increase!
The Islands of the Caribbean are known to have some of the highest electricity rates in the world, with the exception of only a few. The following chart shows the average price of retail electricity across the region. These can be linked to, some extent, the existent of monopoly electricity markets in the region. The… Continue reading Island Electricity Market Liberalization