Virgin Islands Electricity Clause Specifically Stating Availability Pricing Quantity and Quality of Service Provided

State:
Multi-State
Control #:
US-OL17013CA
Format:
Word; 
PDF
Instant download

Description

This office lease clause specifically states the availability of electricity, the pricing, the quantity and the quality of the electricity provided to the demised premises.

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FAQ

It is somewhat exorbitant to live in US Virgin Islands and in recent years, it got even more expensive. However, there are still ways to study there and not spend too much money; you can still rent for a few hundred dollars and buy your food from low-cost shops.

However, diesel fueled-generation increased at the end of 2022 after WAPA's propane supplier suspended fuel deliveries over a financial debt dispute with the utility. The USVI has some of the highest electricity rates in the world, in part because of petroleum fuel surcharges.

However, diesel fueled-generation increased at the end of 2022 after WAPA's propane supplier suspended fuel deliveries over a financial debt dispute with the utility. The USVI has some of the highest electricity rates in the world, in part because of petroleum fuel surcharges.

Under the Prompt Payment clause, unless specifically prohibited by the contract, the contractor is entitled to payment for accepted partial deliveries of supplies or partial performance of services that comply with all applicable contract requirements and for which prices can be calculated from the contract terms.

If you're a budget traveler, you can expect to spend around $50 to $100 per day in the U.S. Virgin Islands. This includes accommodation, food, transportation, and some activities. On the other hand, if you're a mid-range traveler, you can expect to spend around $150 to $250 per day.

Nearly all of the energy consumed in the USVI is provided by imported petroleum products. Distillate fuel oil and residual fuel account for about 70% of all petroleum products consumed in the USVI, where they are used for electricity generation and in the production of drinking water supplies.

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Virgin Islands Electricity Clause Specifically Stating Availability Pricing Quantity and Quality of Service Provided