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PUC lowers LEAC for six months to offset part of GPA base-rate hike
Summary
The PUC approved a temporary reduction to the Levelized Energy Adjustment Clause (LEAC) from ~15.55¢ to 13.584¢ per kWh for Jan. 1–July 31, 2026, citing anticipated fuel savings from the Ukudu plant but noting material risks if expected proceeds or liquidated damages do not materialize.
The Guam Public Utilities Commission voted unanimously on Dec. 22 to reduce the Levelized Energy Adjustment Clause (LEAC) for the six-month period Jan. 1–July 31, 2026, from about 15.55¢/kWh to 13.584¢/kWh. The ALJ and PUC consultants said the reduction is intended to pass anticipated fuel savings from the Ukudu Power Plant through to customers while cushioning the impact of GPA’s approved base-rate increase.
ALJ and consultant reports cautioned there…
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