Summary of the Office Utilities Regulation's Decision - May 2004

Jamaica Public Service Company Limited (JPS), the monopoly supplier of electricity in Jamaica submitted an application for tariff review to the Office of Utilities Regulation (“the Office”) on March 1, 2004, in accordance with the AllIsland Electricity Licence 2001, (the Licence). The Licence stipulates that the current Non-Fuel Base Rate tariffs, which are fixed by the Office, expire on May 31, 2004.