VIDEO: CNMI – Report 2011.06.24.MR.WATER RATES

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Guam –

 

The Commonwealth Utilities Corp. is expected to ask its regulatory commission for a raise in water and wastewater rates after that division posted an operating loss of $2.8 million the past eight months.

Broken down, CUC’s operating loss from October 2010 to March 2011 is $1.1 million for water and $1.7 million for wastewater.

The agency will have to file a rate hike petition with the Commonwealth Public Utilities Commission, which last approved a rate hike for water and wastewater in May 2010.

Among the biggest expenditures for CUC’s water and wastewater division are salaries and wages of personnel, with a combined cost of $2.8 million; requirements under a stipulated order, with a combined $2.1 million; and other production, $6.9 million.

The stipulated order requires CUC to meet certain requirements in order to become compliant with the Clean Water Act.

Mark Rabago, PNC News, Saipan.