From $10.6 million collected last September—before Super Typhoon Yutu struck Saipan and Tinian—the Commonwealth Utilities Corp.’s revenue from power plummeted to $3.7 million last December—a 63-percent decrease due to the typhoon’s devastation. In her PowerPoint presentation to...

The devastation caused by Super Typhoon Yutu last October greatly affected the Commonwealth Utilities Corp.’s revenues, resulting in a shortfall of $7.2 million—a 26-percent drop in revenue for the first quarter of fiscal year 2019. During Thursday’s CUC board meeting, the...

U.S. District Court for the NMI designated Judge David O. Carter granted Friday a joint request by the U.S. government and the Commonwealth Utilities Corp. to reserve $275,000 for inspections of the CUC oil pipeline. The $275,000 shall come from CUC’s Technical Manager for Oil...

The Commonwealth Utilities Corp.’s billings collection is now improving as it collected an average of $200,000 per day for the month of January. CUC chief accountant Rodolfo P. Urbano disclosed that after Super Typhoon Yutu’s devastation on Saipan and Tinian last Oct. 24 and 25,...