6 Jul 2012

CNMI power prices drop

11:33 am on 6 July 2012

Power prices will drop in the Northern Marianas from today.

This is in line with a promise of the Commonwealth Utilities Corporation to decrease its charges by almost 11 percent.

The drop follows an adjustment of the so-called levelised energy adjustment clause, which is tied to the cost of fuel.

Our correspondent says the average residential customer can expect a monthly saving of just under 12 US dollars.