PUC has yet to approve LEAC petition - KUAM.com-KUAM News: On Air. Online. On Demand.

PUC has yet to approve LEAC petition

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by Ken Quintanilla

Guam - Although the Consolidated Commission on Utilities approved the Guam Power Authority's request to adjust the Levelized Energy Adjustment Clause on December 12, the Public Utilities Commission has yet to act on the petition that would help reduce your power bill. The LEAC, which was proposed to take affect tomorrow, would last for a six-month period and equates a decrease of approximately 1.9% or $5.08 for an average residential consumption of 1,000-kilowatt hour on the overall residential bill.

PUC legal counsel Fred Horecky says the LEAC would have been discussed at today's meeting but was postponed to next week Tuesday due to a lack of quorum. He says should the PUC uc approve the petition next week, the LEAC would still account for the February 1 date, as the billing occurs later in the month.

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