Residents Will See $250 WAPA Rebate, Businesses $500, Through Governor Bryan's 'YES' Initiative
- Staff Consortium
- April 27, 2020
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 pandem...