Guam- The Consolidated Commission on Utilities (CCU) is meeting with the Guam Power Authority (GPA) this evening [Tuesday] over three important aspects that will affect the community.
CCU Chairman Simon Sanchez tells PNC the Integrated Resource Plan will be discussed, which has been developed for several years. He mentions what this means is that GPA will make a decision to move further away from oil and diversify its energy resources with other options, such as liquid natural gas. Sanchez says this plan is projected to save up to $1.3 billion dollars over the next 30 years. Another topic of discussion at the CCU meeting is to authorize the Public Utilities Commission (PUC) petition to roll back the May rate increase, which is about $9 million dollars annually.
“Tonight we will approve the resolution that GPA can go back to the PUC and petition the roll back” said Sanchez. “We’re hopeful that they’ll address it in their November session so that people can have a rate decrease starting with their bills in December. So customers should two to four percent decrease if it’s approved by the PUC. But tonight at least, we’ll send it to them.”
The CCU will also discuss customers opting out of GPA’s Smart Grid program. Recommendations could be made, but no final decision will happen yet. Sanchez emphasizes $4 billion dollars in grants was invested by the federal government to modernize the power systems in Guam and the U.S. mainland. He says the Smart Grid and Smart Meters are safe and secure and will work for the island.