New power bills that factor in recently approved changes in the Levelized Energy Adjustment Clause rates will soon be sent out, according to the V.I. Water and Power Authority.
Public Services Commission members Thursday approved a reduction in the electric LEAC, from the current $0.249 per kilowatt hour to $0.239. The new rate will shave $4.67 – or 2.7 percent – off the average bill of residential customers using 500 kilowatt hours per month, bringing it down to about $168.15.
The PSC voted to increase the water LEAC rate from the current $10.04 per thousand gallons to $11.68, adding about $3.93 to the average residential customer’s bill, bringing it up to about $75.04.
The new rates were made retroactive to Dec. 1 and will be in effect until March 31.
Prior to Thursday’s PSC meeting, however, WAPA had issued and mailed out approximately 13,000 water and electric bills that include the old rates. The newly adjusted bills will be sent out early in the week, with new billing and payment dates also sent to customers in the following cycles and locations:
St. Thomas District:
Cycle 51: Bournefield, Lindberg Bay, Brewer’s Bay, Kirwan Terrace, Contant, Nisky, and Subbase.
Cycle 52: Contant, Krum Bay, Crown Bay, Crown Bay Marina, Veteran’s Drive, John Dunkoe, Altona, and Altona & Welgunst.
Cycle 53: Altona, Altona & Welgunst, Mahagony, Honduras, Demarara, Gasverks, Honduras, Kronprindsens Gade, Veteran’s Drive, Griffith Park, Sprat Bay, Crown Bay, Demarara, Western Cemetery, Careening Hole, Waterfront, Water and Hassel Islands.
Cycle 54: Anna’s Fancy, Altona, Altona & Welgunst, Solberg, Hodge Street, Temple Street, Brand Street, Kronprindsens Gade, Haabets Gade, Nye Norsidevey, Ukle Gade, Princess Gade, Storegade, Regjerrings Gade, and Kanal Gade.
St. Croix District:
Cycle 1: Sunny Isle, Peter’s Rest, Castle Coakley, Diamond, and Strawberry
Cycle 2: Strawberry, Strawberry Hill, Barren Spot, Mary’s Fancy, LaReine, Clifton Hill, and Profit.
Cycle 22-1: All large water meters (island wide)
Customers can find the cycle number on the left side of their billing statement, next to the date.