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Private Sector Sues PREPA

Business groups claim that the transition fee will seriously affect businesses and homes

19 de agosto de 2016 - 8:52 AM

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In a 14-page claim, ICSE-PR requested the court to disallow the restructuring order, because the PREC approved a rate increase with no evidence in hand about how this decision would affect thousands of clients of the Puerto Rico Electric Power Authority (
In a 14-page claim, ICSE-PR requested the court to disallow the restructuring order, because the PREC approved a rate increase with no evidence in hand about how this decision would affect thousands of clients of the Puerto Rico Electric Power Authority (

The Puerto Rico Institute for Competitiveness and Sustainable Economy (ICSE-PR) and eight other business organizations requested the Court of First Instance to invalidate the Restructuring Order approved by the Puerto Rico Energy Commission (PREC), which gave way to the rate increase that was enforced this month.

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