Life is tougher up North!

Here's why you should be glad you're not paying your power bills on Saipan

Variety News Staff

CONSUMERS should brace for another increase in their electric rates.
The Commonwealth Utilities Corp. is set to increase the variable factor in its computation of power rates that recently doubled.
Under the emergency regulations that legalize the new electric rates, CUC can change the electric fuel rate component the first day of each month.
CUC spokeswoman Pamela Mathis said CUC will again increase the electric fuel rate component by .004 cents per kilowatt hour starting Sept. 1.
“It appears to be a little bit higher,” she said in a telephone interview. “Right now, we are facing a 100 percent increase in the lube oil and that is what will drive the cost of fuel by September.”

Marianas Variety On-Line Edition