GOVERNMENT OF THE VIRGIN ISLANDS

OF THE UNITED STATES



Public Services Commission



IN RE



Annual Assessment of Public Utilities



Newer Nee Nee ee”



der



Order No. 7/2012



WHEREAS, pursuant to Title 30, Section 25a of the Virgin Islands Code all Virgin

Islands public utilities are subjected to periodic assessments of fees by the Virgin Islands Public

Services Commission (hereinafter “PSC” or “the Commission”) based on a formula related to

gross operating revenues and the territorial gross revenues of all public utilities; and



WHEREAS, on January 27, 2012, the Commission met in regular session at its offices

located at No. 1003 Estate Ross, Barbel Plaza Suite 4, St. Thomas, U.S. Virgin Islands; and



WHEREAS, after careful review and deliberation and the recommendations of its staff,

the Commission voted to make the following annual assessment fees on the listed public utilities;



and

2010 Gross



Utility Operating Revenues |__Ratio E/Y 2012 Fees

VI Water & Power Authority $ 106,718,736.00 46.15% }$ 796,701.13

VITELCO $ 64,999,000.00 28.11% | $ 485,245.41

Innovative Cable TV St. Thomas-St. John | $ 13,162,271.72 5.69% | $ 98,262.00

Innovative Cable TV St. Croix $ 9,042,241.88 3.91% | $ 67,504.21

Varlack Ventures, Inc. $ 2,937,543.00 127% |%$ 21,930.02

Transportation Services of St. John, Inc. $ 3,253,637.00 1.41% | $ 24,289.80

VI Waste Management Authority $ 30,274,733.00 13.09% | $ 226,013.86

Aquatic Management, LLC $ 864,862.00 0.37% | $ 6,456.57



TOTAL ASSESSMENT REVENUE $ 231,253,024.60 | 100.00% | $ 1,726,403.00 |



WHEREAS, pursuant to 30 V.I.C. § 25a(b), the Virgin Islands Water and Power

Authority (hereinafter “WAPA”) has the right to pay its annual assessments in equal quarterly



instalments; and