GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS



PUBLIC SERVICES COMMISSION



In Re: PSC Docket No. 289

The Virgin Islands Water and Power Order No. 32/2014

Authority’s Levelized Energy Adjustment

Clause |



ORDER



WHEREAS, on December 19, 2013, the Virgin Islands Water and Power Authority

(hereinafter “WAPA” or “Authority”) filed a Petition with the Virgin Islands Public Services

Commission (hereinafter “PSC” or the “Commission’”) requesting a one-year extension of the .

Rate Financing Mechanism Surcharge (hereinafter “RFM”) established by the Temporary

Emergency Generation Maintenance Management and Efficiency Improvement Stipulation

between the Authority and the Commission dated DATE; and



WHEREAS, on March 24, 2014, the Commission received its technical consultant’s

report on WAPA’s Proposed RFM and extension of the lease agreement for the Authority’s

temporary generating units; and



WHEREAS, on March 26, 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 along with the Commission’s technical consultants; and



WHEREAS, upon review and deliberation the Commission voted to GRANT WAPA’s

Petition dated December 19, 2013 in part; and



WHEREAS, the Commission also found that it will include within the Levelized Energy

Adjustment Clause (hereinafter “LEAC”) for the remainder of 2014 the lease cost for the

temporary generator; and



WHEREAS, all other reporting and approval criteria for the RFM will remain in place;

and



NOW THEREFORE, the Commission ORDERS: