CZM Permit No. CZT-1-14(L) Presentation

WAPA and Vitol presented in St. Croix and St. Thomas, the project to convert WAPA's power plants to use propane as primary source of fuel for power generation, and requested consideration of WAPA's Major Coastal Zone Management permit application No. CZT-1-14(L).

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What is the LEAC?

LEAC (Levelized Energy Adjustment Clause) is fuel consumption. WAPA must file quarterly petitions with the PSC for an adjustment in the LEAC factor in order to recoup fuel cost increases or to pass along the savings if fuel costs decrease.
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