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Senate committee adds electricity‑deregulation bill to agenda; author says aim is competition to lower rates

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Summary

Senate Bill 24‑34, proposing deregulation of the CNMI electricity market, was added to the committee agenda. Author Senator Corina Magovnia described the bill’s intent to encourage competition and lower rates; members asked for time to review the voluminous draft and scheduled follow‑up meetings with CUC and CPUC.

The Senate Public Utilities, Transportation and Communications Committee added Senate Bill 24‑34 to its July 9, 2025 agenda and discussed next steps for the proposal to restructure the electricity market in the CNMI by allowing new entrants and competition in electric services.

Senator Corina Magovnia, identified in committee as the…

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