Jamaica electricity prices
The residential electricity price in Jamaica is
JMD 45.970 per kWh or USD 0.291.
The electricity price for businesses is
JMD 37.960 kWh or
USD 0.240.
These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Jamaica with 150 other countries.
Historical quarterly data, along with the latest update from September 2024 are available for download.
Sources: Jamaica Public Service Company Limited (JPS), Office of Utilities Regulation (OUR), The Ministry of Science, Energy, Telecommunications and Transport (MSETT), The National Environment and Planning Agency (NEPA)
Electricity price analysis for Jamaica
- Residential electricity prices in Jamaica are 193.23% of the world average electricity price and 150.42% of the average price in North America.
- Business electricity rates in Jamaica are 163.52% of the world average price and 114.46% of the average in North America.
- Household rates are 121.10% of the business rates.
- Electricity prices paid by small businesses in Jamaica are 101.89% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 93.47% of the price paid by households with high electricity consumption.
- Fossil fuels: 87.64%
- Wind: 6.18%
- Solar: 3.09%
- Hydro: 3.09%
- Nuclear: 0.00%
- Geothermal: 0.00%
