GOVERNMENT OF THE VIRGIN ISLANDS

OF THE

UNITED STATES



PUBLIC SERVICES COMMISSION



Docket No. 289

Order No. 04/2012



IN RE



LEVELIZED ENERGY ADJUSTMENT CLAUSE

OF THE VIRGIN ISLANDS WATER AND POWER

AUTHORITY



a



ORDER



WHEREAS, on September 1, 2011, the Virgin Islands Water and Power Authority

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

Commission (hereinafter, “PSC” of the “Commission”) seeking to decrease the Levelized

Energy Adjustment clause (““LEAC”) water factor from $14.33 to $14.07 per kGal for the period

of October 1, 2011 to December 31, 2011; and



WHEREAS, on September 21, 2011, the Authority submitted an amended petition to the

Commission seeking an increase in the water factor from $14.33 to $21.10; and



WHEREAS, the Commission, through its staff and consultants, conducted a thorough

review, conducted discovery, held meetings with the executive management of the Authority

concerning the proposed water LEAC rate and submitted a report to the Commission on

September 27, 2011; and



WHEREAS, on September 27, 2011, the Commission met in special session at the Board

of Education Conference Room located at No. 8 Estate Ross, Barbel Plaza South, St. Thomas,

U.S. Virgin Islands; and



WHEREAS, the Commission voted to postpone its decision on the water LEAC, in order

to give the staff and the Authority additional time to review the recommendations for the Water

LEAC; and



WHEREAS, the Commission, through its staff and consultants, conducted a thorough

review, discovery, held meetings with the executive management of the Authority concerning the