26.04.2012: Jamaican government news agency Jamaica Information Service (JIS), reports that on May 1, the government will launch a net billing program for solar systems up to 100 kW is size. The Jamaican net billing scheme differs slightly from net-metering schemes employed in other countries, but the principle remains that same: electric customers that own rooftop photovoltaic (PV) systems can receive a credit on their electric bill for any excess electricity they produce. In the case of the Jamaican scheme, however, the price of electricity sold back to the utility is based on the “avoided cost of generation,” plus a 15 percent bonus. The “avoided cost” is defined as the cost of the fuel the utility would have to burn to generate the equivalent amount of electricity. Eligible customers are expected to receive between 18¢ and 22¢ per kWh, which is less than the retail electricity rate, which stands at about 35¢ per kWh. The regulation was approved last September, and in March, the Development Bank of Jamaica announced that it would provide loans to electric customers interested in installing PV systems. In a separate article, JIS reports that the Jamaica Energy Council (JEC) held its first meeting earlier this week. The bi-partisan council was created to speed up the implementation of Jamaica’s national energy policy and to facilitate consultation among key energy sector stakeholders. The JEC will focus on issues related to energy policy, energy efficiency and the development of conventional, renewable and alternative energy resources. The JEC is specifically tasked will reviewing potential power sources in order to diversify the countries power supply. … Source Jamaica Information Service; Summary: PHOTON http://www.jis.gov.jm/news/111-energy-mining/30356-jamaica-energy-coun
cil-holds-first-meeting http://www.jis.gov.jm/news/111-energy-mining/30339-come-may-1-jamaican
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