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LEAC to be renamed ‘fuel adjustment clause’

With its goal of better explaining the alphabet soup in one’s power bill, utility regulators will rename the levelized adjustment clause, or LEAC rate. The Commonwealth Public Utilities Commission ordered yesterday by unanimous vote, among others, to change the “LEAC” to t...
Posted On May 12 2015 04:00
, By Dennis B. Chan

CUC aims to better explain LEAC charge

The Commonwealth Utilities Corp. aims to better explain to customers the LEAC, or levelized energy adjustment clause, in their bills each month by renaming this as the “fuel adjustment clause.” On top of this, they have put out pamphlets in English, Chamorro, and Carolinian to...
Posted On May 11 2015 04:00
, By Dennis B. Chan

CPUC hearing on rate changes on Thurs.

Proposed utility rate changes will be heard at the Commonwealth Public Utilities Commission public hearing this Thursday, May 7, at the Pedro P. Tenorio Multi-Purpose Center in Susupe. In February, the Commonwealth Utilities Corp. board approved four rate cases to be presented...
Posted On May 06 2015 04:00
, By Dennis B. Chan

CUC: No change in the LEAC rate this April

The Commonwealth Utilities Corp. announced yesterday that there will be no change in the LEAC fuel charge pass-through for the month of April. While the average fuel prices did rise 3.18 percent, this increase did not equal or exceed the 4.5-percent threshold. As a result, the...
Posted On Apr 02 2015 04:00
, By Jun Dayao
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