LUMA Energy is proposing a credit program aimed at helping residential housing developers offset potential increases in construction costs tied to updated engineering standards required by the company, according to information reported by Metro Puerto Rico. Reinaldo Baretty Huertas, LUMA’s director of engineering standards, said the proposed credits would be tied to a project’s contribution […]
The Government of Puerto Rico and the Public-Private Partnerships Authority filed motions before the Puerto Rico Supreme Court as part of ongoing efforts to invalidate the extension of LUMA Energy’s supplemental contract, according to information reported by Metro Puerto Rico. The image was captured from LUMA Energy’s social media platforms.
The Financial Oversight and Management Board approved several battery storage contracts for the Puerto Rico Electric Power Authority aimed at strengthening grid reliability. In the image, workers repair an electrical facility in a photo shared on Luma’s social media platforms. (Image: Luma photo capture)
Expands Operational Flexibility Through Aug. 9 The U.S. Department of Energy on Monday renewed two emergency orders under Section 202(c) of the Federal Power Act that provide the Puerto Rico Electric Power Authority (PREPA) temporary authority to run designated generation resources, as needed, to maintain an adequate supply of electricity and avoid large-scale reliability events. The DOE […]
Javier Rúa Jovet, director of public policy at the Puerto Rico Solar Energy and Storage Association (SESA), said the proposed rate structure penalizes low-energy consumers and those investing in solar solutions, disproportionately affecting vulnerable populations and diverging from Puerto Rico’s public energy policy.
House Speaker Carlos “Johnny” Méndez Núñez said a forthcoming proposal to eliminate Puerto Rico’s gasoline tax—known as the “crudita”—would not be offset by new taxes, but by adjustments within the existing budget.
