CCU approves LEAC rate increase

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This is just the first step in the process, now the petition will have to get approval from the Public Utilities Commission before power bills go up.

Guam – The Consolidated Commission on Utilities has approved the Guam Power Authority’s petition to raise the Levelized Energy Adjustment Clause or LEAC rate.

 

This is just the first step in the process, now the petition will have to get approval from the Public Utilities Commission before power bills go up. If the PUC approves the petition, island residents could see a 6 percent increase in their power bill. This would mean a 12-dollar monthly increase for the average customer who uses about 1000 kilowatts of power a month. GPA general manager John Benavente says that they decided not to request for as high of LEAC rate increase as they need.

“Instead of a full 13 cent LEAC rate we’re recommending 11.8 cent per kilowatt hour that will become effective August 1st,” said Benavente.

If the request is approved power rates will go up from August 1st through January 31st of 2018. Then GPA will reassess fuel rates and see whether they will need to ask for another LEAC rate increase.