The Guam Public Utilities Commission (PUC) has approved the Guam Power Authority's request to lower the fuel recovery charge on residential customers’ monthly energy statements.
“The ‘levelized energy adjustment clause’ portion on residential power bills, which has been 15.4 cents/kWh and has not changed since May 2018, will be 13.4cents /kWh for the period Feb. 1, 2020 through July 31, 2020,” GPA General Manager John M. Benavente said.
“The approved lowering of the fuel related component charge translates to a decrease of approximately 8.0 percent on the overall residential customer bill; such that an average residential consumption of 1000 kWh will see a decrease of approximately $19.77 to that customer’s monthly bill,” he added.
GPUC approved GPA's request during its Jan. 30 meeting.
“Our request to lower the fuel recovery charge for all residential customers’ monthly power bills approved by the Consolidated Commission on Utilities (CCU) in its Nov. 26, 2019 monthly meeting and now, approved by the GPUC is good news for our customers,” Benavente said.