ST. THOMAS — The Virgin Islands Public Services Commission voted Thursday to increase the territory’s utility base rate. Customers, however, will see little change to their bills, as the increase is offset by a corresponding drop in the fuel surcharge.
The 4-1 vote, taken during a regular PSC meeting on St. Thomas, grants the V.I. Water and Power Authority its latest base rate request. The rate is expected to generate $29.7 million and was recommended by hearing examiner and attorney Kye Walker. It allows the utility to tend to a bevy of its non-fuel expenses.