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Second extension of the energy credit program was made possible by Public Law 37-16
(Fadian, Guam) – Guam Power Authority confirmed yesterday that it received and processed the first payment of $5.27 million in funding from the Department of Administration (DOA), made possible by Public Law 37-16, which was signed into law on May 22, 2023. The second extension of the $500 Prugråman Ayuda Para I Taotao-ta Energy Credit will be applied for the months of May through September 2023. The first $100 increment of the second extension of the program was applied globally today to all active GPA accounts and will apply toward the May billing. “We thank Speaker Terlaje and Senator San Agustin for introducing the bill, along with the 37th Guam Legislature and Gov. Lou Leon Guerrero who made this second extension possible for the people of Guam. The additional $500 in energy credits will continue to provide the financial assistance that customers need for the next five months, which is much needed as residents and businesses recover from the devastation of Typhoon Mawar,” said GPA General Manager John. M. Benavente, P.E. “Coupled with the decrease of about 27% in the LEAC, which became effective June 1, our customers will be able to save significantly on their power bills in the months ahead.” Residential and commercial customers will see the May credit listed on their accounts immediately.
About the $500 Credit Program Public Law 37-16, which extended the Prugråman Ayuda Para I Taotao-ta Energy Credit Program, was passed by the 37th Guam Legislature and signed into law by Governor Lou Leon Guerrero on May 22, 2023. The energy credit program provided an additional credit of $500 to all GPA residential and commercial customers. The second extension of monthly $100 credits begins with the May billing and will end with the September 2023 billing. GPA continues to share detailed power updates daily through local news sources, its customer service website guampowerauthority.com, and its Facebook and Instagram pages (@guampowerauthority).
