Jamaica Gas Prices

We have looked at the increases and we recognise that the Portmore leg had the highest average increase of  20.75%. Before we look at the actual cost and the impact on budgets let us make some assumptions. We will first assume that the Portmore driver goes to work and back home each day for 5 days a week. We will do our calculation using  4 weeks in a month and we are not removing the holidays.

Class One Vehicle

For a Class One driver the toll moves from $100 to $120.  For an average month the cost moves from somewhere over $4,000 ($100×5x2×4) to over $4,800 ($120×5x2×4).

For a year, 52 weeks, this figure moves from $52,000 (100×5x2×52) to $62,400 (120×5x2×52)

Class Two Vehicle

For a Class Two driver, Larger SUVs the toll moves from $140 to $170. For an average month the cost moves from somewhere over $5,600 ($140×5x2×4) to over $6,800 ($170×5x2×4).

For a year, 52 weeks, this figure moves from $72,800 ($140140×5x2×52) to $88,400 ($170×5x2×52)

Options

The question now is what will the Kingston based worker that drives and uses the toll road alter their budget? Do doubt this increase will have an impact on workers subject to wage freeze and increase prices all around. Ensuring that the best petrol(gas) is being purchased for the lowest price and keeping the vehicle tuned will be critical in maximising savings.

One is way is opting to car-pool, take the bus or look at the tele-commuting option given our increasing Internet and computer penetration. Somewhere in the mix we possible might here the phrase flexi-week.

Do you have any ideas?