86.8 F
Cruz Bay
Saturday, December 9, 2023
HomeNewsArchivesWAPA Sets Budgets and Deadlines

WAPA Sets Budgets and Deadlines

June 30, 2005 – The V.I. Water and Power Authority Governing Board passed budgets totaling $287 million Thursday at its last meeting of the current fiscal year.
The budgets broke down as: electric operating system –$171,794,863; electric capital — $44,849,324; water operating system — $28,319,671; and water capital — $12,803,047, according to a press release.
Members of the St. Croix Alliance to Protect Utility Ratepayers will probably be going over the figures closely. The alliance is planning a meeting July 9 at 2 p.m. at the Juan F. Luis Cafeteria.
The alliance says it intends to develop initiatives for ratepayers to take action against what it calls "WAPA's extremely high utility rates."
The group is requesting an explanation of the Levelized Energy Adjustment (LEAC) Clause, the origin and purpose of it and all variables that make up the LEAC. It also is requesting from WAPA a complete example of how an electric bill is calculated, as applied to the current LEAC formula.
Governing board members did have bills on their mind Thursday. They want to collect what government agencies owed them.
Alberto Bruno-Vega, WAPA executive director, reported there had been no significant movement to settle outstanding debts by the V.I. National Guard, the Department of Property and Procurement or the Department of Education.
The board voted to disconnect those three agencies if they do not make a payment or come to a payment arrangement by July 28.
On May 31, Property and Procurement asked for an extension until June 20 to pay its debt of $124,587, but no payment has been received, according to a WAPA press release. The National Guard has made a $2,000 payment since May 16 and currently has a debt of $184,429.
The Department of Education has not responded to the authority’s June 8 letter to the commissioner requesting payment of the department’s outstanding debt of $1,354,008. Education is only paying its current billing amount.
Daryl "Mickey" Lynch, board chairman, said the Department of Justice and the V.I. Territorial Emergency Management Agency, which also received the May 16 disconnect notices, have brought their accounts current. He also stated that the Juan Luis Hospital’s governing board has submitted a payment plan which looks favorable to the authority.
Lynch and Bruno-Vega have both been invited to the Ratepayer Alliance meeting.

Back Talk

Share your reaction to this news with other Source readers. Please include headline, your name and city and state/country or island where you reside.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.

Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.