Seventy net billing licences have been issued to power suppliers since the start of the year, bringing to 800 the total number of licences that have been approved since the arrangement started in 2012.
Minister of Science, Energy and Technology, Fayval Williams, made the disclosure during her opening remarks at the MPC Renewable Energy Forum, held on Tuesday, October 1, at the Spanish Court Hotel in New Kingston.
“We will be revising our national energy policy and subpolicies.”— Williams
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 Limited (JPS).
“At the policy level, we will be revising our national energy policy and subpolicies to further develop the energy sector and establish new targets, especially for renewable energy, energy efficiency and conservation,” she said.
Williams said that 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.
She lauded MPC Caribbean Clean Energy Limited for its investment in the renewable energy sector and for helping the country to lead the Caribbean in its renewable energy thrust, through the erection of the Paradise Solar Energy Park in Westmoreland, which is the largest in the region with a 51-megawatt solar plant.