The Commonwealth Public Utilities Commission is expected to decide Thursday whether to approve Eastern Power Solutions' proposed multimillion-dollar solar and battery storage project after completing a final review of the agreement and public feedback.
Acting Chairman Bruce Camacho said commissioners are conducting one last review of the power purchase agreement and have been evaluating roughly 50 written comments submitted by members of the public.
"The Commission is conducting one final review of the contract and power purchase agreement," Camacho said. "Commissioners have also been sharing the written public comments received individually, and we are carefully reviewing approximately 50 submissions received thus far."
The anticipated decision comes as Eastern Power Solutions has warned that it could withdraw its proposal if regulators fail to act before Oct. 31, citing time-sensitive federal financing incentives tied to the project.
Camacho said the commission has also received a letter from Gov. David Apatang urging regulators to expedite their review. He said the governor reiterated his support for the project during a recent conversation.
"We acknowledge receipt of Gov. Apatang's letter urging the Commission to expedite its review," Camacho said. "I informed him that the Commission intends to convene at the earliest opportunity, Thursday, Oct. 29, to render a decision."
The governor and project supporters have argued that delays could jeopardize financing opportunities and federal tax credits viewed as critical to the project's success.
Among the public comments reviewed by commissioners were concerns about environmental and historic preservation issues. One commenter referenced controversy surrounding Guam's Mangilao solar farm and impacts on Marbo Cave.
Camacho said those concerns are being taken seriously but expressed confidence in the environmental review process.
"These concerns deserve serious consideration, particularly given the scale and long-term nature of the proposed project," he said.
Camacho added that revisions addressing liability and litigation concerns have clarified legal responsibilities between the parties involved. He also noted that any required environmental reviews, consultations and permits must be completed before project activities proceed.
While emphasizing that protecting ratepayers remains the commission's primary responsibility, Camacho said regulators recognize the potential benefits of renewable energy.
"I want to emphasize that the Commission is not attempting to delay this project unnecessarily," he said. "We recognize the potential benefits of renewable energy, including reducing our dependence on imported fossil fuels and providing greater long-term energy price stability for the people of Saipan, Tinian and Rota."
At the same time, Camacho said the proposed agreement represents a significant long-term commitment.
"However, this is a 25-year contractual commitment, and the Commission has a statutory responsibility to ensure that its decision is informed, legally sound and in the best interests of the Commonwealth," he said.
The commission is expected to announce its decision this Thursday.
