• The San Juan Daily Star

PREB: No hike in electricity bill from Nov. 1 to Dec. 31

Puerto Rico Energy Bureau Chairman Edison Avilés Deliz

By John McPhaul

The Puerto Rico Energy Bureau (PREB) determined by resolution that the Public Service Regulatory Board will not increase the electric power bill for the period from Nov. 1 to Dec. 31.

The effect of the ruling was that that the 0.007 cents per kilowatt-hour hike in the electricity bill between October and December will remain unchanged despite the allocation of government funding.

PREB Chairman Edison Avilés Deliz said electricity service subscribers will not receive an additional increase in the invoice for the purchase of fuel because, as previously reported by the STAR, the island government assigned $76 million to the Puerto Rico Electric Power Authority (PREPA), which he said will allow the public corporation to mitigate the effects of the pandemic caused by COVID-19, including the impact on costs for the purchase of fuel and maintenance of the units of the electricity generation fleet.

“The Energy Bureau has determined to maintain the factors established by the Resolution of last September 30, so that we achieve that LUMA ENERGY subscribers do not have a new increase in the electricity bill for the Christmas period, which includes from Nov. 1 to Dec. 31, 2021,” Avilés Deliz said. “We continue working tirelessly to identify alternatives that benefit Puerto Ricans’ pockets, while promoting an energy industry tempered by the technology and needs of these times.”

During a virtual public hearing on Monday, PREPA Executive Director Josué Colón Ortiz detailed the $76 million allocation made by Gov. Pedro Pierluisi Urrutia from the American Rescue Plan Act of 2021.

Every three months, PREPA is responsible for submitting to the PREB the reconciliation of expenses and income related to factors such as the adjustment clauses for the purchase of fuel and the purchase of energy, to be evaluated by the regulatory entity.

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