THE JAMAICA Public Service Company (JPS) will have to fork out an estimated $10 million to pay for an ordered audit into the company's billing system.
The audit, which will be carried out by auditing firm PricewaterhouseCoopers, was ordered by the Office of Utilities Regulation (OUR) in April.
The directive to conduct the audit came on the heels of a number of billing issues that arose several months after the passage of Hurricane Ivan in September 2004, when some 21,000 customers complained of excessively high electricity bills.
The audit should have been completed at the end of June but has now been pushed back to the end of July due to concerns voiced by the JPS.
According to David Geddes, OUR director of consumer and public affairs, the light and power company had concerns about the information that PricewaterhouseCoopers would have been privy to and this led to a delay in the process.
