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.