Jamaica electricity prices

Jamaica
Electricity prices
 Residential price 0.248
 Business price 0.201
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
Jamaica, September 2023: The price of electricity for households is JMD 38.870 per kWh or USD 0.248 per kWh. The electricity price for businesses is JMD 31.520 kWh or USD 0.201 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is USD 0.155 per kWh for households and USD 0.151 per kWh for businesses.

We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.

The latest business and household electricity price data from March 2024 are available for download.
Electricity prices for households, September 2023
(kWh, U.S. Dollar)
0.002
0.003
0.006
0.006
0.006
0.008
0.013
0.014
0.015
0.015
0.016
0.018
0.021
0.022
0.023
0.026
0.026
0.028
0.029
0.029
0.032
0.040
0.043
0.046
0.047
0.047
0.048
0.048
0.050
0.051
0.052
0.052
0.054
0.056
0.059
0.060
0.064
0.064
0.067
0.067
0.069
0.074
0.075
0.076
0.076
0.077
0.080
0.082
0.087
0.089
0.090
0.090
0.093
0.094
0.096
0.096
0.100
0.105
0.109
0.112
0.113
0.114
0.116
0.117
0.117
0.119
0.120
0.121
0.122
0.124
0.125
0.127
0.131
0.132
0.133
0.137
0.140
0.142
0.145
0.145
0.150
0.151
0.154
0.155
0.156
0.162
0.162
0.166
0.170
0.171
0.172
0.173
0.175
0.178
0.178
0.179
0.180
0.183
0.185
0.191
0.193
0.194
0.198
0.202
0.202
0.203
0.204
0.206
0.208
0.208
0.212
0.215
0.215
0.216
0.217
0.218
0.222
0.232
0.234
0.236
0.237
0.241
0.248
0.254
0.255
0.265
0.279
0.279
0.283
0.296
0.310
0.310
0.310
0.329
0.335
0.345
0.347
0.353
0.366
0.399
0.401
0.421
0.432
0.441
0.448
0.453
0.459
0.534
0
0.1
0.3
0.4
0.53
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)
Jamaica: Electricity price analytics
   Values
 Residential / World average price    161.36 %
 Residential / North America average    128.20 %
 Business / World average price    132.65 %
 Business / North America average    94.64 %
 Residential / Business price    123.32 %
 Low / High income households    93.47 %
 Small / Large businesses    102.20 %
Updated quarterly. Methodological notes
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