Guam - It was two weeks ago when the Port Authority board of directors approved a request by management to petition the Public Utilities Commission for a tariff increase of 5.65%. At today's board meeting, general manager Joanne Brown said an initial 60-day public notice has been published and in the interim time period, she hopes to continue dialogue with the PUC's legal counsel along with conduct an internal outreach with its agents.
The board meanwhile indicated that action could be taken in the next 90 to 120 days after the public notice period and possibly be in full effect by October.
The request would impact the cost of goods coming into the Port. The increase is to help fund a $10 million loan for the service life extension for the Port's wharfs.