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September 11, 2025 - 3:21 PM
When deciding on the request to review the base rate, the Energy Bureau (PREB) will have the opportunity to prevent the phenomenon of the “death spiral” that would occur in the electric system if the increases proposed by LUMA Energy, Genera PR, and the Puerto Rico Electric Power Authority (PREPA) are accepted, warned economist Ramón Cao García in an analysis commissioned by the Institute for Competitiveness and Economic Sustainability (ICSE).
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