An internal loan authorized by the Commonwealth Public Utilities Commission saved wastewater customers from a higher charge in their monthly bills.<\/p>\n
According to Commonwealth Utilities Corp. deputy executive director Alan Fletcher, among the issues that commissioner Viola Alepuyo approved Friday was the proposal to let CUC\u2019s wastewater division borrow $2.85 million a year from CUC\u2019s electric division.<\/p>\n
CUC chief financial officer Charles Warren said that the proposed increase in wastewater rates was primarily to pay for the power to run the wastewater pumps. <\/p>\n
\u201cThe power division will now lend the wastewater division up to $2.85 million per year for expenses. Because of this loan, there was no need to increase the wastewater rates at this time,\u201d he said.<\/p>\n
Fletcher said, however, that CUC will soon revisit the \u201crejected\u201d proposed wastewater rate hike for possible filing in the commission\u2019s future meetings.<\/p>\n
Fletcher pointed out that what CUC\u2019s power division will loan to the wastewater division is \u201cnot new money\u201d but part of CUC\u2019s budget.<\/p>\n
The proposed $2.85 million, he said, will come from the new power bare rate revenue. <\/p>\n
In its original petition, CUC wanted a $40 increase in its wastewater rates.<\/p>\n","protected":false},"excerpt":{"rendered":"
An internal loan authorized by the Commonwealth Public Utilities Commission saved wastewater customers from a higher charge in their monthly bills.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-158558","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/158558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=158558"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/158558\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=158558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=158558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=158558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}