PUC approves surcharge for 4/1/2012 - KUAM.com-KUAM News: On Air. Online. On Demand.

PUC approves surcharge for 4/1/2012

by Mindy Aguon

Guam - Starting next April you'll be paying about $5 more on your power bill, after last night's Public Utilities Commission meeting members approved the Guam Power Authority's request to implement a 2% working capital fund surcharge. The surcharge will last for five years starting April 1, 2012.

GPA last year delayed the implementation of the surcharge because they used settlement funds to pay one of its bonds, but since that money has run out, the utility made the request to the PUC last night.

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