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Lawmakers Seek Answers on Puerto Rico Electric Privatization Plan

Following Governor Ricardo Rosselló’s  announcement to privatize the Puerto Rico Electric Power Authority (PREPA), Rep. Nydia M. Velázquez (D-NY), Rep. Raúl M. Grijalva (D-AZ) and Rep. José E. Serrano (D-NY) wrote today to the Governor requesting additional details on the plan, including assurances on affordable rates and reliable service.

“It is evident to us that the current structure of the Island’s utility provider is not ideal. The longstanding disregard and mismanagement by PREPA’s executives of infrastructure and organizational needs has resulted in intermittent service and extraordinary electricity costs,” wrote the lawmakers. “We must make sure that you will have an open and transparent process that informs the people of Puerto Rico about the different options available and that provides safeguards for the environment, collective bargaining, pensions, lower utility rates, and investments for a renewable and resilient energy system.”

The letter poses a dozen questions to the Governor and requests a response before moving forward with privatization efforts.

Click here to read a text of the letter.


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