Power Bills Could Rise Again; GPA Seeks 9.84% Increase in Fuel Adjustment Charge


Guam – The Guam Power Authority tomorrow night [Tuesday] will seek approval from the Consolidated Commission on Utilities [CCU] for a 9.84% increase in its fuel adjustment charge.  

GPA Spokesman Art Perez told PNC News that the proposed increase in the Levelized Energy Adjustment Clause [LEAC] will mean an increase of about $23.20 cents for the average residential customers who uses about 1,000 kilowatts a month.

The reason of course is the price of crude oil.

Perez points out that  the last time GPA got an increase in the LEAC, last December, a barrel of crude oil cost $83 dollars.

Now crude is selling for $106 dollars per barrel.