Two bills seek to continue GPA rate program

49
GPA's Cabras power plant. (PNC file photo)

Bill 357, which was introduced by Speaker Therese Terlaje, will extend the energy credit program, which gives ratepayers a $100 credit on their power bill for the next 5 months–from December to April 2023.

In an interview on Newstalk K57 with Patti Arroyo, Governor Lou Leon Guerrero says that another bill is being drafted by Senator Joe San Agustin, which will extend the energy credit program for 6 months, “I know that Senator Joe San Agustin is very keen on extending it and he is in the process of creating and introducing a bill.”

She also says that the island can afford the expansion of the energy credit program, “We are looking at our revenues, and yes, you will see at the end of FY 2022, we haven’t yet closed the books totally, but there is again money collected beyond the budgeted revenues that we have.”

Simon Sanchez from the Guam Consolidated Commission on Utilities says it’ll cost around $5M a month to extend the program.

So should the Speaker’s Bill pass it’ll cost $25M, meanwhile if Senator San-Agustin’s Bill passes it’ll cost $30M

PNC reached out to Senator Joe San Agustin, however, a comment was not given at the time of broadcast.

Update

Senator Joe San Agustin reached out to PNC and said, “Extending the Ayuda Para i Taotao-Ta Energy Credit Program will give our people another $500 from December 2022 to April 2023 and put more money directly into the pockets of our people to help them with daily expenses and bills. By the same token, my other bill will extend the Gas Tax Relief Act for another 180 days and waive excise taxes on liquid fuel – alleviating prices at the pump for Guam drivers.


Contact Jannette Samson | E-mail: jannette@spbguam.com | Phone: 671-689-2842

Previous articleThe Next 4 Years
Next articleVeterans Gather at Ypao Beach Park
Jannette Samson is a broadcast journalist for the Pacific News Center. Her beats are lifestyle, tourism, and crime, among others. Her passions include art, beauty, blogging, and other creative pursuits. In her free time she paints, creates prints, and dabbles in various art media. Jannette is also a self-taught makeup artist. In addition to that, she is a visual artist, with her artwork being in many art exhibitions and galleries in Guam.