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No Change to WAPA Rate Despite Forecasted Savings for Cash-Strapped Utility

The V.I. Public Services Commission voted on Tuesday to keep the current Levelized Energy Adjustment Clause rate — or LEAC — at 22.22 cents per kilowatt-hour while mandating that the V.I. Water and Power Authority report monthly on the status and output of four new generators on St. Thomas and on the status of negotiations to secure a new liquid petroleum gas contract. 

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