At least 21 costumers have decided not to pay their bills totaling $825,000 to the Commonwealth Utilities Corp. pending the settlement of their claims with the agency.<\/p>\n
These customers, according to CUC, are seeking compensation for utility service lines that cross their properties.<\/p>\n
\u201cUntil such time as the amount of compensation is agreed upon, these customers have stopped paying a part or all of their utility bills,\u201d CUC said.<\/p>\n
The utility firm said that administrative hearings have been held to settle the claims. <\/p>\n
In the meantime, CUC has categorized the receivables due from the customers as \u201cuncollectible.\u201d<\/p>\n
\u201cCUC is awaiting the outcome [of hearings] to pursue collections, should it be in favor of CUC,\u201d it said.<\/p>\n
Meantime, CUC reported over $31 million in receivables, including $16.2 million or 53 percent from the government and $14.5 million from residential and commercial customers.<\/p>\n
Of the $14.5 million, CUC estimates that about $8.6 million or 58 percent is uncollectible, including the amount due from customers with pending easement claims.<\/p>\n
CUC said it ages utility receivables based on the number of days the receivables are outstanding.<\/p>\n
Receivables outstanding one to15 days are current; 16-45 days are past due; ad 46 days or more are in default or delinquent.<\/p>\n
Receivables totaling $5.4 million are current, $2.4 million are past due, and $22.9 million(74 percent) are in default.<\/p>\n
Of the $22.9 million receivables in default, over $13.8 million (60 percent) are due from CNMI government agencies.<\/p>\n
Overall, CUC said that it has $16.2 million receivables from the central government. <\/p>\n
Based on its policy, CUC issues a delinquency notice to customers with outstanding bills not paid within the 15 days billing.<\/p>\n
After its issuance, the customer has 14 days to settle it. Failure to do so within the period would result in disconnection.<\/p>\n","protected":false},"excerpt":{"rendered":"
At least 21 costumers have decided not to pay their bills totaling $825,000 to the Commonwealth Utilities Corp. pending the settlement of their claims with the agency.<\/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-81600","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\/81600","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=81600"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/81600\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=81600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=81600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=81600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}