CCU approves another reduction in fuel surcharge

(file photo)

Guam Power Authority customers are in line for another reduction in their power bills.

Consolidation Commission on Utilities (CCU) Commissioner Simon Sanchez says the CCU board last night approved a 3-cent reduction in its Levelized Energy Adjustment Clause.

The current LEAC rate is 11 cents per kilowatt hour. The proposed reduction will take it down to 9 cents. Sanchez says that translates into a roughly $20 dollar reduction in the average residential power bill.

That would be the third decrease in the fuel surcharge since February 1st.

If the Public Utilities Commission approves, you could see a lower power bill by June 1st.

The PUC is scheduled to meet next Thursday, May 28.