Power bills being reduced by 10%
<span style="font-family: Arial, sans-serif; font-size: 12.222222328186px; line-height: 13.7999992370605px;">The Consolidated Commission on Utilities has authorized the Guam Power Authority to lower the Levelized Energy Adjustment Clause or LEAC. The lower fuel recovery rate will reduce an overall residential power bill by approximately 10 percent. </span>
October 27, 2014Updated: October 27, 2014
By KUAM News
By KUAM News by Sabrina Salas Matanane
Guam - The Consolidated Commission on Utilities has authorized the Guam Power Authority to lower the Levelized Energy Adjustment Clause or LEAC. The lower fuel recovery rate will reduce an overall residential power bill by approximately 10 percent. This means that an average household using 1000 kWh will have their power bills lowered by $27.61. The decrease goes in to effect on November 1st. According to CCU Chairperson Simon Sanchez "Although the Guam Power Authority will still officially file a petition with the Public Utilities Commission (PUC), we are confident that the PUC will not object to lowering power bills." He added "This is the right thing to do for ratepayers." Interim GPA General Manager John Benavente says "High baseload availability, continued collections on electricity accounts coupled with the drop in fuel oil prices have contributed to this overall decrease in residential bills.
Guam - The Consolidated Commission on Utilities has authorized the Guam Power Authority to lower the Levelized Energy Adjustment Clause or LEAC. The lower fuel recovery rate will reduce an overall residential power bill by approximately 10 percent. This means that an average household using 1000 kWh will have their power bills lowered by $27.61. The decrease goes in to effect on November 1st. According to CCU Chairperson Simon Sanchez "Although the Guam Power Authority will still officially file a petition with the Public Utilities Commission (PUC), we are confident that the PUC will not object to lowering power bills." He added "This is the right thing to do for ratepayers." Interim GPA General Manager John Benavente says "High baseload availability, continued collections on electricity accounts coupled with the drop in fuel oil prices have contributed to this overall decrease in residential bills.