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The Bryan administration on Monday announced formally its "YES" (Your Energy Stimulus) initiative, which provides residential Water and Power Authority customers with a one-time $250 rebate, while businesses get $500. The rebate provides $15.1 million — taken from the government's $75 million allotment of the $2.2 trillion CARES Act passed by Congress last month — to WAPA, while providing Virgin Islands households with some relief.
According to Government House, credits in the amounts of $250 for residential accounts and $500 for business accounts will be applied to the May billing cycle for active WAPA accounts. The credit will appear on WAPA bills as a line item that reads “YES Cares Act Credit.” If your account is not active, you won't be eligible for the rebate when you reconnect.
Additionally, the credit cannot be converted to cash, and if the credit is not fully used in the May power bill, the remaining amount will be applied to the following month’s bill.
“While this pandemic is impacting our economy, we recognize that our residents and small businesses also are struggling, and we wanted to be able to provide some kind of direct financial assistance to help the community as everyone struggles through these difficult times,” said the governor.
For more information, or if you have questions, about the YES stimulus program, call WAPA’s Customer Service representatives at 340-774-3552 in the St. Thomas-St. John District or 340-773-2250 in the St. Croix District and choose option 5.
