GOVERNMENT OF THE VIRGIN ISLANDS

OF THE UNITED STATES



Public Services Commission



IN RE

Order No. 04/2014

ANNAUL ASSESSMENT OF

PUBLIC UTILITY FEES



Nee See Nee? See eee



ORDER OF ANNUAL ASSESSMENT



WHEREAS, on September 24, 2013, the Virgin Islands Public Services Commission

(hereinafter “PSC” or “the Commission”) met in Regular Session in the its offices on both St.

Thomas and St. Croix, United States Virgin Islands; and



WHEREAS, based upon the formula mandated in 30 V.LC. § 25a, all public utilities are

subject to the assessment of fees on an annual basis by the Commission; and



WHEREAS, the Legislature extended the sole right to Virgin Islands Water and Power

Authority (hereinafter “WAPA” or “the Authority”) to pay its annual assessment in equal

quarterly installments; 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:



Utility 2012 Gross Ratio F/Y 2014 Fees

Operating Revenues



Virgin Islands Water & Power Authority 96,788,958.00 46.46 % 752,979.80



Virgin Islands Telephone Company 57,132,000.00 27.42 % 444 464.35



Virgin Islands Waste Management Authority 24,914,881.00 11.96 % 193,827.92



Innovative Cable TV St. Croix 9,865,713.43 4.74% 76,751.35



Varlack Ventures, Inc. 2,692,047.75 1.29% 20,943.07



$ $

$ $

$ $

Innovative Cable TV St. Thomas-St. John $ 14,241,256.98 6.84 % | $110,791.34

$ $

$ $

$ $



Transportation Services of St. John, Inc. 2,697,075.00 1.29 % 20,982.18



Total Assessment Revenue: $ 208,331,932.16 100 % | $ 1,620,740.00