CCU to hear GPA's midterm LEAC proposal - KUAM.com-KUAM News: On Air. Online. On Demand.

CCU to hear GPA's midterm LEAC proposal

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by Mindy Aguon

Guam - You've seen the prices increase at the pump and should the Guam Power Authority get its way, residents and businesses could see prices increase in their power bills. GPA will present a mid-term Levelized Energy Adjustment Clause petition to the Consolidated Commission on Utilities on Tuesday evening.

GPA spokesperson Art Perez says the agency is going to propose a 9.84% increase to the LECA that, if approved, would take effect beginning June 1. In dollars and cents, that means a 1,000-kilowatt bill for a residential customer would increase by an additional $23.20. Perez says the proposed increase is due to the rising cost of fuel that has increased 28% in the last four months.

Once the CCU makes a decision on the LEAC adjustment, it will go before the Public Utilities Commission for final approval.

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