How does Jamaica's energy system work?

Jamaica’s energy system is highly dependent on imported fossil fuels, petroleum imports account for over 80 percent of electricity production. This oil import dependency comes at a high cost. Here’s a quick glance at how the sector has performed over the last five (5) years Commercial & Industrial (Sml.) AVERAGE NO. OF CUSTOMERS

Does Jamaica have a monopoly on electricity?

This is a list of electricity-generating power stations in Jamaica, sorted by type and name. In Jamaica, the Jamaica Public Service Company (JPS) has a monopoly on the "transmission, distribution and supply of electricity". However, JPS does not have a monopoly on electricity generation.

What is Jamaica's energy policy?

Jamaica published its National Energy Policy in 2009, its first comprehensive long-term energy plan. The policy set a number of targets in relation to renewable electricity gener-ation, energy eficiency, and greenhouse gas emissions to be met by 2030.

Why does Jamaica have a low electricity rate?

Like many island nations, Jamaica is highly dependent on imported fossil fuels—more than 94% of the island’s electricity is generated from petroleum-based fuels— leaving it vulnerable to oil price and currency exchange fluctuations that directly impact the cost of electricity.

How much electricity is produced in Jamaica?

Electrification rates in Jamaica are very high, reaching 98%,7 but operational challenges persist. For example, system losses consume 26% of electricity produced, exceeding the regulatory maximum of 17.5%.

Who is Jamaica Energy Partners?

Jamaica Energy Partners is an Independent Power Provider that began commercial operations in October 1995, through its ownership of the Doctor Bird Power Plant. This Plant encompasses the company’s production facilities and is located at Old Harbour Bay, in the parish of St. Catherine. Jamaica Private Power Company Ltd