GPA saw customer increase, sales decrease - KUAM.com-KUAM News: On Air. Online. On Demand.

GPA saw customer increase, sales decrease

Posted: Updated:

by Nick Delgado

Guam - The Guam Power Authority may have seen an increase in customers but according to an audit released today the agency saw sales of electricity decrease by $23 million. A part of that loss was attributed to a former customer that's now producing power independently.

According to GPA Chief Financial Officer Randy Weigand, though the military buildup should turn things around in the long run. "We're fortunate we are being saved because Guam is growing we are seeing about 300 customers applications a month, some of those people are just moving and shifting but we do have some new growth, and so there has been steady growth in the number of residential customers," he said.

The clean audit of GPA also noted that the utility agency ended last fiscal year with a $7 million decrease in net assets. Auditors also found that GPA needs to keep a better inventory of its supplies and materials and was incorrectly assessing late chargers to customers.

  • NEWS HEADLINESMore>>

  • Guam ranked 5th in chlamydia rates

    Guam ranked 5th in chlamydia rates

    Thursday, March 21 2019 10:39 PM EDT2019-03-22 02:39:04 GMT
    The rates of sexually transmitted diseases on island are climbing. Last year, Guam ranked a startling 5th in the nation for Chlamydia.This week, representatives from the Department of Public Health traveled off island to a national conference to find soluMore >>
    The rates of sexually transmitted diseases on island are climbing. Last year, Guam ranked a startling 5th in the nation for Chlamydia.This week, representatives from the Department of Public Health traveled off island to a national conference to find soluMore >>
  • Former Guam residents return as marines for military exercise

    Former Guam residents return as marines for military exercise

    Thursday, March 21 2019 10:12 PM EDT2019-03-22 02:12:42 GMT
    A pair of Guam-bred Marines were back home for a brief visit, after taking part in the recent COPE North exercise involving more than two thousand troops from three countries. For Marines Benjamin Blas Jr. and Daelankris Alviz, the multinational Cope NortMore >>
    A pair of Guam-bred Marines were back home for a brief visit, after taking part in the recent COPE North exercise involving more than two thousand troops from three countries. For Marines Benjamin Blas Jr. and Daelankris Alviz, the multinational Cope NortMore >>
  • More than $468,000 in tax returns being mailed-out

    More than $468,000 in tax returns being mailed-out

    Friday, March 22 2019 4:08 AM EDT2019-03-22 08:08:12 GMT
    $468,468 in tax refunds have been mailed out. The Department of Revenue & Taxation and the Department of Administration say they represent 167 checks for error-free returns filed on or before October 2, 2018.More >>
    $468,468 in tax refunds have been mailed out. The Department of Revenue & Taxation and the Department of Administration say they represent 167 checks for error-free returns filed on or before October 2, 2018.More >>
Powered by Frankly