The Public Utilities Commission (PUC) Thursday night approved GPA’s request for a roughly 8 percent reduction in the fuel recovery charge known as the LEAC.
The average residential customer who consumes about 1,000 kilowatts should see a decrease of approximately $19.77 in their monthly power bill.
GPA’s request to lower the LEAC rate was initially approved by the Consolidated Commission on Utilities in November. The PUC’s final decision last night clears the way for the reduction to take effect.
The Levelized Energy Adjustment Clause (LEAC) portion on residential power bills has been 15.4 cents per kilowatt-hour since May 2018.
It will now drop to 13.4 cents per kilowatt-hour effective Saturday, February 1 through July 31 of this year.
GPA General Manager John Benavente said: “GPA customers will see the Fuel Recovery Charge portion on their monthly customer energy statements lowered and remain stable during the next six months.”
GPA customers can increase their power consumption awareness and manage their residential household usage by signing up at GPA’s myenergy.com.
Customers can also explore GPA’s Energy Sense cash rebate program, which replaces certain qualified home appliances with more energy-efficient models concluded Benavente.