The grant was supposed to subsidize fuel increases for residents in Palau, but PPUC said that said that after the subsidy there remains an amount of $2,329, 257.
The National government meanwhile has a combined outstanding balance for the national government and state governments which sits roughly $2.8 million.The Senate version agrees to the House version except a language in the bill that will explicitly state that the remaining balance will be used to pay the electric bills of the national government and state government but first PPUC transfer $945,987.The transfer of the said amount was required from a previous law before the remainder of the grant can be used.Del. Lentcer Basilius said the amount has been transferred to the national treasury.Basilius said that thanks goes to the members of both committees of energy, transportation and communication for the passage of the measure.Basilius said the payment made to PPUC can now be used for repairs and maintenance of generators to ensure that power failures will be at a minimal.
