GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS



PUBLIC SERVICES COMMISSION



In Re: PSC Docket No. 289

The Virgin Islands Water and Power Order No. 45/2014

Authority’s Levelized Energy Adjustment



Clause



And



The Virgin Islands Water and Power

Authority’s Petition for Reconsideration of

PSC Denial of Carrying Cost of Fuel



ORDER



WHEREAS, on April 23, 2014, the Virgin Islands Public Services Commission

(hereinafter “PSC” or the “Commission”) received from the Virgin Islands Water and Power

Authority’s (hereinafter “WAPA” or “Authority”) a Petition for Reconsideration on the issue of

the collection of interest expenses related to the deferred fuel balance, and heard from counsel to



WAPA and the Commission; and



WHEREAS, on May 19, 2014, the Authority filed a Petition with the Commission for a

decrease in the Electric and Water Levelized Energy Adjustment Clause (hereinafter “LEAC”)

factors for the period of July 1, 2014 to September 30, 2014; and



WHEREAS, on June 17, 2014, the Commission received the Report and



Recommendations from its technical consultants, Georgetown Consulting Group, LLC; and



WHEREAS, on June 23, 2014, the Commission met in regular session in the



Commission’s offices on both St. Thomas and St. Croix and heard from witnesses for the



Authority; and