GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS

PUBLIC SERVICES COMMISSION



IN RE: PSC Docket No. 289

VIRGIN ISLANDS WATER AND POWER Order No. 65/2018

AUTHORITY’S LEVELIZED ENERGY

ADJUSTMENT CLAUSE



ORDER



WHEREAS, on April 3, 2018, the Virgin Islands Water and Power Authority’s

(hereinafter “WAPA” or “Authority”), filed its Semi-Annual Petition (hereinafter “Petition”) for

the Electric and Water Levelized Energy Adjustment Clause (hereinafter “LEAC”) for the period

July 1 to December 31, 2018, to be applied to the bills issued on or after July 1, 2018; and



WHEREAS, in the Petition, WAPA stated that its biggest challenge is an inadequate cash

flow, which was further impaired in the months after Hurricanes Irma and Maria when revenues

dropped to Two Million Dollars; and



WHEREAS, PSC engaged Georgetown Consulting Group (hereinafter “GCG”) to conduct

a review and analysis of WAPA’s Semi-Annual Petition; and



WHEREAS, pursuant to 30 V.LC. § 25, the expenses of all rate investigations of WAPA’s

rates is borne by the Authority through docket-specific assessments levied during and/or after each

investigation; and



WHEREAS, WAPA failed to pay docket-specific assessments totaling over Six Hundred

Fifty Thousand Dollars ($650,000.00), with some assessment orders dating back to 2016; and



WHEREAS, this delay in payment of docket-specific assessments prevented GCG from

reviewing WAPA’s Petition; and



WHEREAS, on June 15, 2018, the Commission held a Regular Meeting at its office

located at No. 1003 Estate Ross, Suite 4, Barbel Plaza on the island of St. Thomas, United Virgin

Islands and via teleconference at the Port Authority’s conference room located at the Henry E.

Rohlsen Airport on the island of St. Croix, United Virgin Islands; and



WHEREAS, at the meeting, PSC Staff informed the Commission that WAPA has paid all

past due docket-specific assessments and that GCG is available to provide consulting services.