Guam Provision Addressing Present and Future Demands for Electricity in the Premises

State:
Multi-State
Control #:
US-OL12022
Format:
Word; 
PDF
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Description

This office lease provision states that the landlord agrees that prior to the Commencement Date risers, feeders and wiring will be installed in the building by the landlord to furnish electrical service to the demised premises.

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FAQ

It increased in February 2021 from 17.3 cents per kilowatt-hour to 19.7 cents per kWh. Now, the CCU approved GPAs push for an increase from the current 19.7 cents p/kWh to 25.4 cents p/kWh. If approved by the Public Utilities Commission (PUC) the increase will be effective in July 2021.

Guam has no natural gas reserves and does not produce or use natural gas.

Guam has no domestic production of conventional fuels such as oil, natural gas or coal. Its economy is dependent on the import of gasoline and jet fuel for transport and residual fuel oil for electricity. One third of electricity produced is used in commercial settings including the leading industry of tourism.

For thousands of years, the Chamorro people have traditionally harvested Guam's abundant natural resources for food, medicine, and to build shelters and canoes.

Guam has no fossil energy resources and meets nearly all of its energy needs with imported petroleum products. Guam's energy consumption on a per capita basis is about half the U.S. average.

Guam has no fossil energy resources and meets nearly all of its energy needs with imported petroleum products. Guam's energy consumption on a per capita basis is about half the U.S. average.

The Clean Energy Master Plan is a living document and is continuously being updated. GPA is committed to providing 50% of the island's electric power from renewable or non greenhouse gas emissions sources by 2030 and 100% by 2040.

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Guam Provision Addressing Present and Future Demands for Electricity in the Premises