Understanding Fuel Charge

Understanding the Fuel Charge

The Fuel Charge is a significant component of your electricity bill. It makes up over 50% of bills and covers the cost of imported fuel—Natural Gas and Oil—used to generate electricity. This cost is passed through to consumers with no markup.

What Affects the Fuel Rate?

The monthly rate is primarily determined by two key external and fluctuating factors:

Global Fuel Prices

The volatile international market price of Oil and Natural Gas (LNG).

Exchange Rate

The local currency's value against the USD, as fuel is imported in US dollars.

Get The Full Picture With A Virtual Tour Of Your Bill

If you want to know what your bill is based on, this is where you look. Your bill may be based on an actual meter reading or an estimated reading calculated using an average of three; 3 recent actual meter readings

JPS Fuel Rate Chart Snippet

Fuel Rate History (2025)

35
25
15
Rate ($)

FEB 2025

$25.577

MAR 2025

$26.284

APR 2025

$23.517

MAY 2025

$26.458

JUN 2025

$26.829

JUL 2025

$23.873

AUG 2025

$23.560

SEPT 2025

$26.169

What this Means for Your Bill

For an average residential customer using 300 kWh of electricity, the difference between the lowest rate in April ($23.517) and the highest rate in June ($26.829) is substantial.

This $3.312 per kWh swing means the fuel portion of their bill was roughly $993.60 higher in June  than it was in April, for the exact same energy usage. This demonstrates the direct impact of global market changes on your monthly cost.