Jamaica’s net billing facility is growing – signifying a successful growth sector for renewables on the island. Since the 2012 program launch, there are now a total of 800 licenses for net billing that have been issued to power suppliers – seventy since the beginning of 2019.
Minister of Science, Energy and Technology Fayval Williams made the disclosure during her opening remarks at the MPC Renewable Energy Forum, held on Tuesday at Spanish Court Hotel in New Kingston. Net billing is a facility that allows people to sell the excess power generated from renewable sources in accordance with a net billing licence and a contract with the Jamaica Public Service Company (JPS).
“At the policy level, we will be revising our national energy policy and sub-policies to further develop the energy sector and establish new targets, especially for renewable energy, energy efficiency and conservation,” Williams said.
Williams said the ministry recognises the importance of harnessing the potential of renewable energy sources to secure Jamaica’s energy future, and as a result is always seeking new opportunities and partnerships to build the sector.