FAC remains the same in December

The Commonwealth Utilities Corp’s Fuel Adjustment Charge remains at $0.18803 per kWh for December, according to a statement from the agency yesterday.

Although there has been a slight increase in the Mean of Platts Singapore monthly pricing from July 2019 to December 2019 as notified by Mobil Oil Mariana Islands, Inc., the increase did not equal or exceed a 4.5 percent differential of the average per gallon cost of fuel. (PR)