Power rate increase approved - KUAM.com-KUAM News: On Air. Online. On Demand.

Power rate increase approved

by Nick Delgado

Guam - Residents will start getting charged more for their power bills today. The Public Utilities Commission last night approved an 18.5% hike to the Levelized Energy Adjustment Clause portion of your power bill. Guam Power Authority spokesperson Art Perez says the utility agency only requested a 17% increase to the LEAC in December last year.

However, the rising cost of fuel has forced the PUC to make the final decision on the higher rate. This means for the average power bill for residential customers will go up about $37 per month, while the average bill for commercial customers such as large hotels will go up about $36,000.

The rate increase will be reflected in your March power bill.

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