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PUC sets GPA FY25 internally funded CIP cap near $31 million
Summary
After reviewing GPA’s request and ten‑year cap history, the ALJ recommended and the commission approved a revenue‑funded CIP cap for fiscal 2025 of about $30.96 million, excluding line extensions, to fund plant overhauls, transformers, and other system upgrades.
The Guam Public Utilities Commission approved GPA’s revenue‑funded capital improvement program ceiling for fiscal year 2025 at approximately $30,960,498 after the ALJ reviewed GPA’s request and ten‑year cap history.
PUC legal counsel summarized GPA’s original $39 million request, removed approximately $4.2 million for line extensions that do not require regulatory review, and recommended a cap of roughly $30.96 million for general plant and engineering projects. The ALJ examined historic caps and carryover patterns and noted the proposed FY25 cap is lower than the ten‑year year‑to‑year average increase.
The cap covers items such as combustion‑turbine parts, a major overhaul at PD, bucket trucks (including electric units), portable generators and planned transformer work. Commissioners discussed project timing, carryovers from prior years and the utility’s two‑year budgeting approach. The motion to set the FY25 internally funded CIP cap passed with affirmative votes.
Next steps: GPA will proceed under the approved cap and bring individual procurements and contracts to the PUC as required by the contract‑review protocol.
