CCU reviewing LEAC adjustment

by Ken Quintanilla

Guam - This evening the Consolidated Commission on Utilities is reviewing an adjustment proposal for the Levelized Energy Adjustment Clause from the Guam Power Authority. If approved by the CCU and the Public Utilities Commission, ratepayers can look forward to a decrease in their power bill.

CCU chairman Simon Sanchez said, "GPA management is recommending that the LEAC - the fuel portion of the power bill which is adjusted every February 1 and every August 1 and comprises 70% of your bill - they are recommending that we reduce the LEAC again."

If approved, the LEAC will be reduced by 1% of your total bill which equates to $3 a month for the residential customer.