BEL submits monthly data showing what it pays for power, but how closely does the regulator check those numbers? The Public Utilities Commission says it trusts the information BEL provides, while seeking clarification whenever figures raise questions. PUC Director of Operations Leon Westby explains how the commission reviews the utility’s submissions.
Leon Westby
Leon Westby, Director of Operations, PUC
“We have been seeing and you are able to find on our website the month to month decision as we have been applying the COPA, how the actual price that BEL is paying for electricity from the different sources compares to what is provided for in the electricity rate. So, without making the application we have been seeing that there has been under recovery with regards to cost of power.”
Paul Lopez
“Or is this solely BEL’s power or is there some level of independent verification to kind of say, from the PUC’s end, if a decision is made in agreement, that these cost pressures are unavoidable.”
Leon Westby
“This is data that is being submitted by BEL but we have confidence in the reliability, in as far as their financials are audited and the prices are based for the most part on contract prices.”
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