AGP Executive Report
Last update: 9 hours agoEnergy Costs Hit Home: Guam’s Public Utilities Commission approved an increase to the Levelized Energy Adjustment Clause (LEAC) to 28.2 cents per kWh starting Oct. 1, lifting the average residential bill by about $88.56 as fuel costs stay pressured by global events and earlier power-plant issues. Port & Shipping Fees: The PUC delayed a decision on a requested 17% Port Authority of Guam tariff hike, with possible implementation by Jan. 1 but a commission vote expected in November or December. Logistics Costs Abroad: FedEx announced demand surcharges and higher fees on certain international shipments, including routes that list Guam among affected destinations. Deep-Sea Mining Pressure: Environmental and community groups urged Gov. David Apatang to use federal authority to halt a Northern Marianas deep-sea mining lease sale, citing a fast-moving permitting timeline. Tourism Growth Plan: A Guam economist projects the Philippines’ proposed inclusion in the Guam-CNMI visa waiver program could bring about 25,000 visitors and roughly $11M in direct spending in the initial year. Education & Workforce: University of Guam enrollment rose to 2,942 for Fall 2026, up 3%, with growth in undergraduate and doctoral programs.
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