Editor’s Note: Following is a statement issued by the St. Thomas-St. John Chamber of Commerce Board of Directors regarding the Public Services Commission’s failure to approve the V.I. Water and Power Authority base rate increase along with the LEAC decrease.

The St. Thomas-St. John Chamber of Commerce has been monitoring the Water and Power Authority situation over the past six months and has had the opportunity to meet with the utility and its advisors on numerous occasions to assess their short-term and long-range plans to improve service reliability and reduce costs to residents.