CUC opposes bill to lower security deposits, refunds to customers

Customers of the Commonwealth Utilities Corp. may be required to pledge only a month’s worth of security deposit for their accounts—instead of the current two—which will also be refunded in a year’s time if a bill that proposes such an arrangement is passed and enacted into law....
Posted On Apr 11 2014 08:13
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Final tariff for new base rate remains pending

More than two months after the approval of a base rate increase for the Commonwealth Utilities Corp., nothing has been collected yet to raise the $2.8 million it expects to collect from this rate hike. CUC chief financial officer Charles Warren confirmed with Saipan Tribune...
Posted On Apr 10 2014 09:59
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Warren: Federal grants are what’s keeping CUC afloat

Funding assistance from the federal government continues to help keep the Commonwealth Utilities Corp. afloat. Financial data that Saipan Tribune obtained from CUC show that the agency realized operating revenues of only $90.3 million last fiscal year. Compared to the $98.7...
Posted On Apr 09 2014 08:48
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CUC justifies its 383 staff

The number of Commonwealth Utilities Corp. employees has significantly grown to 383 full-time personnel last fiscal year. Chief financial officer Charles Warren said the bulk of the number, or 165, are assigned at the power division, while 72 work for the water division. CUC also...
Posted On Apr 09 2014 08:44
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