A federal control board overseeing Puerto Rico’s finances has filed a lawsuit challenging amendments to the island’s net metering law, triggering a backlash.
FILE - A brigade from the Electric Power Authority repairs distribution lines damaged by Hurricane Maria in the Cantera community of San Juan, Puerto Rico, Oct. 19, 2017. A federal judge overseeing a drawn-out debt-restructuring process for the power company ordered all parties to mediation on Wednesday, July 10, in the latest attempt to break an impasse that has sparked widespread anger and frustration.
It said the net metering program also directly affects the revenues of Puerto Rico’s Electric Power Authority, which is struggling to restructure itsPuerto Rico’s Energy Bureau currently has a draft of a study available that analyzes the island’s net metering program and recommends that a public debate be held. If the bureau were to decide that changes to the program should be made, it is currently barred from implementing them until 2031.
Also rejecting the board's move was Puerto Rico's Solar Energy and Storage Association, which said that a reduction or elimination of net metering would affect the most vulnerable. More than 40% of the island's 3.2 million people live below the poverty rate. The board stressed Friday that invalidating the net metering law would not change the terms for customers who already have solar panels.
Climate World News Pedro Pierluisi
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chairman of federal control board overseeing Puerto Rico finances to step downThe chairman of a federal control board that oversees Puerto Rico’s finances has announced he is stepping down as the U.S. territory struggles to restructure more than $9 billion in debt held by its troubled power company. Wednesday's announcement by David Skeel came the same day U.S.
Read more »
Federal control board sues Puerto Rico's governor over net metering lawA federal control board overseeing Puerto Rico’s finances has filed a lawsuit challenging amendments to the island’s net metering law, triggering a backlash.
Read more »
Federal control board sues Puerto Rico's governor over net metering lawA federal control board overseeing Puerto Rico’s finances has filed a lawsuit challenging amendments to the island’s net metering law, triggering a backlash. The lawsuit filed Friday against Gov.
Read more »
Federal judge orders mediation to break impasse over Puerto Rico power company debtA federal judge overseeing a drawn-out debt-restructuring process for Puerto Rico’s power company has ordered all parties to mediation.
Read more »
Federal judge orders mediation to break impasse over Puerto Rico power company debtA federal judge overseeing a drawn-out debt-restructuring process for Puerto Rico’s power company has ordered all parties to mediation.
Read more »
Federal judge orders mediation to break impasse over Puerto Rico power company debtA federal judge overseeing a drawn-out debt-restructuring process for Puerto Rico’s power company has ordered all parties to mediation. Wednesday's ruling is the latest attempt to break an impasse that has sparked widespread indignation. The U.S.
Read more »