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PSC Decreases LEAC, Allows Generation Surcharge to Expire, and Delays Base Rate Increase Request Action

Robert Moore | December 12, 2019

Heeding the pleas of thousands of Water and Power Authority customers, the V.I. Public Services Commission (PSC) dealt WAPA a major – and somewhat unexpected – setback on Thursday. In a series of 4-0 votes, PSC members pumped the brakes on the base utility rate increase WAPA had desperately sought to stave off potential insolvency and pay down crushing debts. At the same time, the Commission reduced the so-called LEAC – a roundly despised fuel charge paid that shows up on residential and business electric bills each month. And, going a step further, the PSC opted to allow expiration of a propane generator surcharge that added another 3-cents per kilowatt-hour to customer bills. “There are substantial issues that need to be addressed here,” said PSC Chairman David W. Hughes. The Commission’s first act of the day Thursday was to elect Mr. Hughes…

MASA Assist Cuts Ribbon on Shiny, New St. Thomas Headquarters

Robert Moore | December 12, 2019

ST. THOMAS — MASA Assist, the worldwide air ambulance company with offices throughout the Caribbean,…

Kye Walker Recommends That PSC Grants WAPA Base Rate…

Robert Moore | December 12, 2019

A key advisor to the V.I. Public Services Commission (PSC) has recommended the panel approve the WAPA…

VI Lottery Transitions to Random Number Generation…

Ernice Gilbert | December 11, 2019

The Virgin Islands Lottery, under the new leadership of Executive Director Raymond Williams, is embarking…

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