wp content uploads 2025 05 PSC Order No. 16 2012 Docket 289 LEAC.bffeb2d6
GOVERNMENT OF THE VIRGIN ISLANDS OF THE UNITED STATES PUBLIC SERVICES COMMISSION IN RE Docket No. 289 Order No. 16/2012 LEVELIZED ENERGY ADJUSTMENT CLAUSE OF THE VIRGIN ISLANDS WATER AND POWER AUTHORITY Nee Neue See Soe Nee” ee” ORDER WHEREAS, on February 15, 2012, the Virgin Islands Water and Power Authority (hereinafter, “WAPA” or the “Authority”) filed a petition with the Virgin Islands Public Services Commission (hereinafter, “PSC” or the “Commission”) seeking to decrease the Levelized Energy Adjustment clause (“LEAC”) electric factor from $0.347618 per kWh to $0.345452 per KWh and decrease the LEAC water factor from $15.74 per kGal to $14.23 per kGal; and WHEREAS, on March 30, 2012, the Commission met in Regular Session at the Port Authority Conference Room located at the Henry Rohlsen Airport on St. …
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GOVERNMENT OF THE VIRGIN ISLANDS OF THE UNITED STATES PUBLIC SERVICES COMMISSION IN RE Docket No. 289 Order No. 16/2012 LEVELIZED ENERGY ADJUSTMENT CLAUSE OF THE VIRGIN ISLANDS WATER AND POWER AUTHORITY Nee Neue See Soe Nee” ee” ORDER WHEREAS, on February 15, 2012, the Virgin Islands Water and Power Authority (hereinafter, “WAPA” or the “Authority”) filed a petition with the Virgin Islands Public Services Commission (hereinafter, “PSC” or the “Commission”) seeking to decrease the Levelized Energy Adjustment clause (“LEAC”) electric factor from $0.347618 per kWh to $0.345452 per KWh and decrease the LEAC water factor from $15.74 per kGal to $14.23 per kGal; and WHEREAS, on March 30, 2012, the Commission met in Regular Session at the Port Authority Conference Room located at the Henry Rohlsen Airport on St. Croix, United States Virgin Islands; and WHEREAS, On March 28, 2012, the Commission received the April LEAC Report of its technical consultants, Georgetown Consulting Group, LLC.; and WHEREAS, the Commission adopted the recommendations of its Technical Consultants; and WHEREAS, the Commission, based on the Technical Consultant’s report, made the following findings: 1. That the assumptions of fuel pricing, sales of water and electricity, and the fuel consumption used in the Technical Consultant’s report are reasonable and appropriate for the upcoming LEAC period; and 2. The amount of fuel consumed by WAPA in the production of electricity and water remains at a high level, and the Commission is troubled by these inefficiencies. The Commission is further troubled by the impact of unpaid Government accounts on WAPA’s deferred maintenance; and