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CPUC postpones regulatory session until May
The Commonwealth Public Utilities Commission will be postponing its next regulatory meeting initially set for next month.
The regulatory agency was supposed to have its session in April but they decided to push it back.
“We originally scheduled the regulatory session for April 15 or that week. We have decided to move it, postpone it until further notice,” CPUC chair Joe Guerrero said.
Guerrero said they are waiting on additional documents to be filed by both the Commonwealth Utilities Corp. and CPUC’s rate consultant Georgetown Consulting Group.
“We’re just waiting on additional reports, testimonies to be filed,” Guerrero said.
They are looking at May to hold their regulatory session.
“We’re hoping to finalize the date sometime in May,” Guerrero said.
CPUC last held a regulatory session in May of last year. A regulatory session was supposed to be held last September but did not materialize.
Guerrero said they are also finalizing the details of their agenda.
For CUC, the agency has two dockets to be reviewed by the commission.
For the power side, Docket 16-01 will propose rate adjustments with two surcharges: the Disaster Recovery surcharge, which will be $0.0145 per kilowatt hour; and the Capital Improvement surcharge of $0.0225 per kilowatt hour.
The first surcharge, which is designed to recover CUC’s 10 percent share in typhoon damages, will be implemented across all ratepayers, while the second surcharge will be only be applied to commercial and government accounts. This will help CUC recover its capital improvement projects at $2.6 million a year. This would mean a total of $0.037 per kilowatt hour surcharge for the said accounts.
For water and wastewater, CUC will be amending Docket 15-03 which they submitted to the CPUC last April which will eliminate the water and waste water electric charge on their customers’ bill and instead include an electric surcharge to the power side.
CUC said this adjustment will have customers’ electric charge go up but significant decrease to water charges will be felt.
The amended docket will state that the surcharge will be $0.013 per kilowatt hour instead of the $0.019 per kilowatt hour that was determined last year.
