GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS 
PUBLIC SERVICES COMMISSION 
 
IN RE:  
 
VIRGIN ISLANDS WATER AND POWER 
AUTHORITY’S LEVELIZED ENERGY 
ADJUSTMENT CLAUSE 
PSC Docket No. 289 
            Order No.  24/2022 
 
 
 
ORDER 
WHEREAS, in Order 26/2022, the Virgin Islands Public Services Commission 
(hereinafter “PSC” or “Commission”) voted to set the Virgin Islands Water and Power 
Authority’s (hereinafter “WAPA” or “Authority”), Levelized Energy Adjustment Clause 
(hereinafter “LEAC”) rate for the electric system at 17.2125¢/kWh for the period of July 1, 2021, 
to December 30, 2021; and 
WHEREAS, on January 18, 2022, WAPA filed a petition for a LEAC rate of 17.52 
¢/kWh for the January-March 2022 period and a LEAC rate of 23.34 ¢/kWh for the period 
April 1—June period (an increase of 6.1275¢/kWh); and 
WHEREAS, the Commission has an established set of filing requirements for the review 
and approval of the Levelized Energy Adjustment Charge which specifies semi-annual filings 
(referred to as “Minimum Filing Requirements” or “MFRs”); and  
WHEREAS, in Act No. 8471, section 5, the Legislature has now mandated quarterly 
LEAC filings (codified at 30 V.I.C. §128); and 
WHEREAS, with the change in management at WAPA those filings have not been made 
for the current period; and  
WHEREAS, on July 14, 2022, the Commission heard testimony from its staff and the 
Water and Power Authority; and 
WHEREAS, the Commission stated that rates must be set on a record before the 
Commission; and  
WHEREAS, the Commission acknowledges the dramatic increases in oil and gas prices 
that have occurred world-wide and which have and will continue to affect WAPA’s fuel costs; 
and 
PSC Order No. 24/2022 
Docket 289 – WAPA LEAC Electric Rate for July to September 2022 
Page 2 of 2 
 
 
WHEREAS, the Commission recognizes that WAPA is continuing to incur actual fuel 
costs that must be paid as they are incurred; and 
WHEREAS, WAPA’s Executive Director testified that the Water and Power Authority 
does not intend to seek a rate increase and that the Government of the Virgin Islands is providing 
a subsidy to assist in paying fuel costs while actions are undertaken to reduce future fuel and 
operating costs; and 
 WHEREAS, the Commission requires that WAPA provide information supporting the 
continuation of the current electric LEAC rate;  
 
NOW THEREFORE, the Commission ORDERS that: 
 
1. 
The Electric LEAC rate is reauthorized retroactively from July 1, 2022, and 
continues through September 30, 2022, at the rate of 22.2246 ¢/kWh for the 
period of March 1, 2022, to June 30, 2022. 
2. 
The reauthorization is contingent on WAPA submitting documentation of its 
continuing fuel costs, fuel pricing and operations that support the continuation of the 
current rates, and that demonstrate that WAPA is undertaking steps to reduce it costs 
as expeditiously as prudently possible.  Such filing shall be made within ten (10) days 
or the reauthorization shall be void. 
So Ordered. 
 
For the Commission, 
 
 
 
Date:  July 20, 2022  
 
 
 
 
 
 
 
 
 
David W. Hughes, Chair