Guam- The Guam Power Authority (GPA) and the Consolidated Commission on Utilities (CCU) have forwarded the recommendation to rollback last May’s rate hike to the Public Utilities Commission (PUC). The $9 million dollars in savings will be passed on to customers in December if the PUC passes it.
GPA Spokesman Art Perez also says during Tuesday’s CCU meeting, they discussed their Integrated Resource Plan and how the agency wants to shift more towards liquid natural gas than fossil fuels. He mentions a resolution will be given to the CCU and PUC for approval sometime in December. He also puts everything into perspective in how this can result in over $1.3 billion dollars in savings over the next 30 years.
“70 cents of every dollar you spend for GPA goes to fuel” said Perez. “If we can chip that down, we can bring that down on the utilities side then that’ll be a savings that can be circulated in your household and our economy. So that’s part of the bigger picture…the macro picture going forward.”
GPA and CCU members also talked about the opt-out policy with Smart Meters. Perez adds GPA has been given 90 more days to research it further and decide if this policy should be implemented while they continue with upgrades to their power system.