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CUC rate consultant to arrive in January

Representatives of economist.com, the rate regulatory consulting company of the Commonwealth Utilities Corp., is set to arrive on the island in the first two weeks of January. According to legal counsel James Sirok, the Fuel Adjustment Charge or FAC, formerly known as the...
Posted On Dec 23 2015 06:00
, By Daisy Demapan

Utility vouchers now valid until March 2016

The Commonwealth Utilities Corp. has been approved to extend the validity of the utility vouchers that Best Sunshine International gave CUC’s Saipan customers last year. The $10-million credit vouchers expired on Oct. 31. “Those [vouchers] expired October. And so, not all the...
Posted On Nov 30 2015 06:06
, By Frauleine S. Villanueva-Dizon

Tinian, Rota deputies OK’d to approve promissory notes

A new policy that will empower deputy directors on Tinian and Rota to approve promissory notes was adopted by the Commonwealth Utilities Corp. board yesterday after a majority voted yes to the proposal. The policy was adopted via a 4-1 vote after a heated argument during the...
Posted On Nov 25 2015 06:06
, By Frauleine S. Villanueva-Dizon

Pipeline firm asks federal court to deny CUC bid to halt arbitration proceedings

Vanderpool Pipeline Engineers Inc. has asked the federal court to deny the Commonwealth Utilities Corp.’s request to stop the arbitration now underway in Hawaii between Vanderpool and CUC. CUC has no reasonable or legitimate prospect of prevailing on the merits in this case, as...
Posted On Jun 01 2015 06:06
, By Ferdie De La Torre
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