WAPA, consultants spar over LEAC
Published: February 13, 2013
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ST. THOMAS - For all of the discussion before the V.I. Public Services Commission on Tuesday night, everyone in the standing-room-only forum could agree on one thing: Virgin Islanders pay way too much for electricity.
The hearing made little progress in establishing exactly why that is the case, which is a topic that has been the subject of intense public debate between the V.I. Water and Power Authority and consultants for the Public Services Commission, which oversees WAPA's rates.
Instead, the Public Services Commission essentially sided with WAPA against the PSC's own consultants and vacated portions of an order it voted on in December to approve an increase to the Levelized Energy Adjustment Clause, or LEAC.
- Contact reporter Lou Mattei at 714-9124 or email email@example.com.