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AUTHORITY PETITION FOR RECONSIDERATION — 2025

Collection
Executive Agency Records
Sub-shelf
PSC / BER Filings
Kind
Government Report
Date
2025
Pages
2
Text
OCR Text

cd GOVERNMENT OF THE VIRGIN ISLANDS OF THE UNITED STATES Public Services Commission IN RE: Docket No. 705 THE VIRGIN ISLANDS WASTE MANAGEMENT Order No. 12/2025 AUTHORITY PETITION FOR RECONSIDERATION OF ANNUAL ASSESSMENT FOR FY2025 dd RDER WHEREAS, Section 25a of Title 30 provides, in relevant part: (b) Each public utility shall, prior to September 30, of each year, pay a fee, as determined under subsection (c) of this section, to the Public Services Commission (hereinafter “the Commission”) except that the Virgin Islands Water and Power Authority (hereinafter “WAPA”) shall pay a quarterly fee of the annual assessment by the utilities, consistent with the quarterly allotment to the Commission by the Office of Management and Budget. The fees shall be deposited into the Commission’s Revolving Fund; provided, however, that there is hereby established a ceiling of $2,500,000 for the amount of said fees to be deposited into the Fund, any excess to be covered into the General Fund. …

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Original source: https://psc.vi.gov/wp-content/uploads/2025/05/PSC-Order-No.-12-2025-Docket-705-WMA-Petition-for-Reconsideration-of-Annual-Assessments-FY2025.pdf

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Document text

cd GOVERNMENT OF THE VIRGIN ISLANDS OF THE UNITED STATES Public Services Commission IN RE: Docket No. 705 THE VIRGIN ISLANDS WASTE MANAGEMENT Order No. 12/2025 AUTHORITY PETITION FOR RECONSIDERATION OF ANNUAL ASSESSMENT FOR FY2025 dd RDER WHEREAS, Section 25a of Title 30 provides, in relevant part: (b) Each public utility shall, prior to September 30, of each year, pay a fee, as determined under subsection (c) of this section, to the Public Services Commission (hereinafter “the Commission”) except that the Virgin Islands Water and Power Authority (hereinafter “WAPA”) shall pay a quarterly fee of the annual assessment by the utilities, consistent with the quarterly allotment to the Commission by the Office of Management and Budget. The fees shall be deposited into the Commission’s Revolving Fund; provided, however, that there is hereby established a ceiling of $2,500,000 for the amount of said fees to be deposited into the Fund, any excess to be covered into the General Fund. (c) The annual fee for a particular public utility shall be an amount equal to the product of the Commission's total current year assessments and the public utility's revenue ratio. The revenue ratio of a public utility shall be equal to its gross operating revenues divided by the territorial gross operating revenues. The Executive Director of the Commission shall, prior to September 1 of each year, calculate each public utility's fees under this section, and after approval by the Commission, shall notify each such public utility of the amount due. ... WHEREAS, on September 8, 2024, the Commission approved the annual assessment of the regulated utilities and issued Order No. 38-2024; and WHEREAS, on September 18, 2024, Order No. 38-2024 was delivered to the Virgin Islands Waste Management Authority (hereinafter “Authority” or “VIWMA”); and WHEREAS, on October 18, 2024, VIWMA filed a petition for reconsideration addressing the FY2025 annual assessment of VIWMA; and