Guam - Residents may soon see a chunk of their power bills being reduced.  Consolidated Commission on Utilities Chairperson Simon Sanchez says the board last night approved a 9% percent reduction to the Levelized Energy Adjustment Clause portion of your power consumption.

Sanchez the reduction will now go before the Public Utilities Commission for final approval.  He said, "If your bill is $500 a month right now, then you would see a decrease of about $45; if its $300 a month then it would go down about $27.  So take your bill and deduct 9% and that's the potential savings."

Once the PUC approves the rate reduction, Sanchez says you should see it reflect in your August power bill.