GOVERNMENT OF THE VIRGIN ISLANDS

OF THE UNITED STATES



Public Services Commission



IN RE



ANNUAL ASSESSMENT OF

PUBLIC UTILITY FEES



New Nee Neue Nee” ee”



ORDER OF ANNUAL ASSESSMENT



Order No. 72/2015



WHEREAS, on Tuesday September 22, 2015, the Virgin Islands Public Services

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

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



WHEREAS, based upon the formula mandated in 30 V.I.C. § 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 2014 Gross Ratio F/Y 2016 Fees

Operating Revenues



Virgin Islands Water & Power Authority $ 115,137,019.00 51.27% | $ 899,159.65

Virgin Islands Telephone Corporation $ 52,853,000.00 23.54% | $ 412,754.17

Virgin Islands Waste Management Authority | $ 28,342,171.00 12.62% | $ 221,337.47

Innovative Cable TV St. Thomas-St. John $ 13,344,614.60 5.94% | $ 104,214.43

Innovative Cable TV St. Croix $ 8,452,501.67 3.76% | $ 66,009.60

Varlack Ventures, Inc. $ 3,241,530.00 1.44%} $§ 25,314.65

‘ Transportation Services of St. John, Inc. $ 3,186,527.00 142% | 3 24,885.10

Total Assessment Revenue: $ 224,557,363.27 100 % | $1,753,675.07