The Virgin Islands Water and Power Order No. 32/2014 — December 19, 2013
GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS PUBLIC SERVICES COMMISSION In Re: PSC Docket No. 289 The Virgin Islands Water and Power Order No. 32/2014 Authority’s Levelized Energy Adjustment Clause | ORDER WHEREAS, on December 19, 2013, the Virgin Islands Water and Power Authority (hereinafter “WAPA” or “Authority”) filed a Petition with the Virgin Islands Public Services Commission (hereinafter “PSC” or the “Commission’”) requesting a one-year extension of the . Rate Financing Mechanism Surcharge (hereinafter “RFM”) established by the Temporary Emergency Generation Maintenance Management and Efficiency Improvement Stipulation between the Authority and the Commission dated DATE; and WHEREAS, on March 24, 2014, the Commission received its technical consultant’s report on WAPA’s Proposed RFM and extension of the lease agreement for the Authority’s temporary generating units; and WHEREAS, on March 26, 2014, the Commission met in regular session in the Commission’s offices on both St. Thomas and St. …
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GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS PUBLIC SERVICES COMMISSION In Re: PSC Docket No. 289 The Virgin Islands Water and Power Order No. 32/2014 Authority’s Levelized Energy Adjustment Clause | ORDER WHEREAS, on December 19, 2013, the Virgin Islands Water and Power Authority (hereinafter “WAPA” or “Authority”) filed a Petition with the Virgin Islands Public Services Commission (hereinafter “PSC” or the “Commission’”) requesting a one-year extension of the . Rate Financing Mechanism Surcharge (hereinafter “RFM”) established by the Temporary Emergency Generation Maintenance Management and Efficiency Improvement Stipulation between the Authority and the Commission dated DATE; and WHEREAS, on March 24, 2014, the Commission received its technical consultant’s report on WAPA’s Proposed RFM and extension of the lease agreement for the Authority’s temporary generating units; and WHEREAS, on March 26, 2014, the Commission met in regular session in the Commission’s offices on both St. Thomas and St. Croix and heard from witnesses for the Authority along with the Commission’s technical consultants; and WHEREAS, upon review and deliberation the Commission voted to GRANT WAPA’s Petition dated December 19, 2013 in part; and WHEREAS, the Commission also found that it will include within the Levelized Energy Adjustment Clause (hereinafter “LEAC”) for the remainder of 2014 the lease cost for the temporary generator; and WHEREAS, all other reporting and approval criteria for the RFM will remain in place; and NOW THEREFORE, the Commission ORDERS: