PSOJ President Metry Seaga says 7% increase in JPS bills will not have any major effect

President of the Private Sector Organisation of Jamaica (PSOJ), Metry Seaga has underscored that the 7% increase in Jamaica Public Service bills will not have any major effect.

Seaga noted that the increase is based on fuel costs as well as stipulations in the current JPS license agreement.

He said the increase is because the JPS had to rely on more expensive fuel sources for generation because natural gas was unavailable in the period leading up to, and immediately after, Hurricane Melissa.

Seaga pointed out that the Office of Utilities Regulation (OUR) can be trusted to look out for the best interest of customers.