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prima:The Financial Oversight and Management Board sues the Government of Puerto Rico over net metering law

The agency filed the litigation under PREPA’s bankruptcy case and although it states that it is not interested in eliminating the program that benefits thousands of consumers, it requests the annulment of Law 10 of 2024 because it undermines the powers of the Energy Bureau

August 9, 2024 - 1:42 PM

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This content was published more than 2 months ago.
La inspección de los contadores se realizará a petición del consumidor a la Autoridad de Acueductos y Alcantarillados (AAA) y a la Autoridad de Energía Eléctrica (AEE). (Archivo)
According to the Financial Oversight and Management Board, Act 10 of 2024 undermines the powers of the Puerto Rico Energy Bureau to regulate contracts between the Puerto Rico Electric Power Authority (PREPA) and households and businesses that choose to generate their own energy.

The Financial Oversight and Management Board (FOMB) on Thursday sued Governor Pedro Pierluisi to force the annulment of Act 10 of 2024, a statute that requires the Puerto Rico Energy Bureau (PREB) to maintain the net metering program that governs hundreds of thousands of consumers in Puerto Rico.

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