GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS
GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS PUBLIC SERVICES COMMISSION IN RE: VIRGIN ISLANDS WATER AND POWER AUTHORITY’S LEVELIZED ENERGY ADJUSTMENT CLAUSE PSC Docket No. 289 Order No. 4/2023 ORDER WHEREAS, on February 25, 2022, in PSC Order 16/2022, the Virgin Islands Public Services Commission (hereinafter “PSC” or “Commission”) voted to approve the Virgin Islands Water and Power Authority’s (hereinafter “WAPA” or “Authority”) temporary request for an extension of the current electric LEAC rate of 22.2246 ¢/kWh for the period of March 1, 2022, to June 30, 2022; and WHEREAS, on July 14, 2022, the Commission voted to retroactively reauthorize WAPA’s electric LEAC rate of 22.2246 ¢/kWh from July 1, 2022 through September 30, 2022, for the period of March 1, 2022 to June 30, 2022 in PSC Order 24/2022; and WHEREAS, on the reauthorization was contingent on WAPA submitting documentation of its continuing fuel costs, fuel pricing and operations that support the continuation of the current rates, and that demonstrate that WAPA is undertaking steps to reduce it costs as expeditiously as p …
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GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS PUBLIC SERVICES COMMISSION IN RE: VIRGIN ISLANDS WATER AND POWER AUTHORITY’S LEVELIZED ENERGY ADJUSTMENT CLAUSE PSC Docket No. 289 Order No. 4/2023 ORDER WHEREAS, on February 25, 2022, in PSC Order 16/2022, the Virgin Islands Public Services Commission (hereinafter “PSC” or “Commission”) voted to approve the Virgin Islands Water and Power Authority’s (hereinafter “WAPA” or “Authority”) temporary request for an extension of the current electric LEAC rate of 22.2246 ¢/kWh for the period of March 1, 2022, to June 30, 2022; and WHEREAS, on July 14, 2022, the Commission voted to retroactively reauthorize WAPA’s electric LEAC rate of 22.2246 ¢/kWh from July 1, 2022 through September 30, 2022, for the period of March 1, 2022 to June 30, 2022 in PSC Order 24/2022; and WHEREAS, on the reauthorization was contingent on WAPA submitting documentation of its continuing fuel costs, fuel pricing and operations that support the continuation of the current rates, and that demonstrate that WAPA is undertaking steps to reduce it costs as expeditiously as prudently possible, and WAPA made a satisfactory and timely filing; and WHEREAS, on September 26, 2022, the Commission heard testimony from its staff and WAPA and voted to extend WAPA’s current electric LEAC rate of 22.2246 ¢/kWh for the period of October 1, 2022, to December 30, 2022 in PSC Order 27/2022; and WHEREAS, on December 9, 2022, the Virgin Islands Public Services Commission (hereinafter “PSC” or “Commission”) received a Petition from the Virgin Islands Water and Power Authority’s (hereinafter “WAPA” or “Authority”), requesting a temporary extension of its current electric Levelized Energy Adjustment Clause (hereinafter “LEAC”) rate of 22.2246 ¢/kWh for the period of January to March 2023; and WHEREAS, on December 13, 2022, the Commission held a Regular Meeting at its office located at No. 1003 Estate Ross, Suite 4, Barbel Plaza on the island of St. Thomas, United Virgin Islands and via Zoom videoconference; and WHEREAS, the Commission heard testimony from its staff and WAPA; and PSC Order No. 4/2023 Docket 289 – WAPA LEAC Electric Rate for Jan. 1, 2023 to Jun. 1, 2023 And Water LEAC for Jan. 1, 2023 to Mar. 1, 2023 WHEREAS, WAPA failed to file a Petition of the current Water LEAC that will expire on December 30, 2022; and WHEREAS, upon review and deliberation the Commission voted to extend WAPA’s current electric LEAC rate of 22.2246 ¢/kWh for no more than of six (6) months beginning January 1, 2023 and to extend the current water LEAC rate of $7.82/kGal for the period January 1, 2023 until March 1, 2023; and NOW THEREFORE, the Commission ORDERS that: 1. The current Electric LEAC rate of 22.2246 ¢/kWh shall be extended for no more than six (6) months beginning January 1, 2023. 2. The current Water LEAC rate of $7.82/kGal shall be extended for the period of January 1, 2023, to March 1, 2023. So Ordered. For the Commission, Date: September 26, 2022 David Hughes, Chair