Guam – The public utilities commission is meeting tonight [Monday] to act on a request from GPA to raise the fuel adjustment charge by 17%.
Last month, the so called LEAC Adjustment was approved by the Consolidated Commission on Utilities.
For the average residential customer who uses about 1-thousand kilowatt hours a month, your bill will go up about $36 dollars.
CCU Chairman Simon Sanchez says the price of crude is once again forcing an increase in the LEAC. Since last summer the price of crude has climbed steadily from the $60 dollar range to $85 to $90 dollars now, and he says it shows no sign of easing in the months ahead.
If the 17% increase is approved tonight, the rate increase would take effect tomorrow, February first.