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Assured calls for raise in electricity prices

They claim to increase the electricity rates to cover operations and debt, as stated in the bond contract

22 de julio de 2017 - 10:05 AM

Archival note
This content was published more than 7 years ago.
(GFR Media)
(GFR Media)

By noting that customers of the Puerto Rico Electric Power Authority (PREPA) pay the lowest electricity bills in nearly a decade, the municipal insurer Assured Guaranty asked yesterday the Board and Governor Ricardo Rosselló Nevares to decree an increase in the electricity rate that allows that public utility to continue to operate and access capital to improve its facilities.

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