This is basic simple business economics. Everyone knows this it seems, except our legislature. CUC is presently not on track. With the lowered residential power rates set last fall, just before the elections by some vote grubbing legislators wanting to get reelected, CUC is headed for a disaster. CUC will fold up, completely crash. It's only a matter of time if we stay on this self destructing course.
According to CUC's schedule of electric charges and rates released by the utility agency's Betty Diaz, the 17.6 cents per kWh fuel rate will be implemented due to Public Law 15-94.
If the legislature doesn't set rates of income to equal or exceed the rate of expenses the end is inevitable. CUC will self destruct. You don't have to have a math degree to figure this out, it's just amazing our government can't fathom this simple fact.
This is not a swing in the dark at a prediction of the future, but a clear and definite fact.
Under the present modus operandi it will fail. It's as simple as that...