JPS reports decline in Guaranteed Standards breaches, makes

JPS reports decline in Guaranteed Standards breaches, makes no compensation payments


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JPS reports decline in Guaranteed Standards breaches, makes no compensation payments
Thursday, April 29, 2021
KINGSTON, Jamaica — The Jamaica Public Service Company Limited (JPS) is reporting declines in breaches of the Guaranteed Standards (GS) for the October — December 2020 quarter.
According to a report from the Office of Utilities Regulation (OUR), JPS' compliance report on its Guaranteed Standards' performance indicated that 16,952 breaches were committed during the quarter, which represents a nine per cent reduction over the preceding period. These breaches attracted compensatory payments of approximately $37.1 million, the OUR said.

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