The company informed it will present a series of documents to the Puerto Rico Energy Bureau and promised to control its expenses and not to cause rate hikes
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Wayne Stensby, LUMA Energy president and CEO, said yesterday that electricity rates will not increase over the next three years after the company starts operating the transmission and distribution systems on June 1, and promised that by the end of that term they will reduce blackouts by 30 percent and the duration of service interruptions by 40 percent.
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