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prima:Pedro Pierluisi questions PREPA’s revised plan

He recognized that the cut proposed by the Fiscal Oversight Board is “substantial,” but assured that the impact of the restructuring on the electric bill will ultimately depend on what happens in the bankruptcy court and the Energy Bureau, and on the savings that Genera PR would achieve.

February 13, 2023 - 11:52 AM

Archival note
This content was published more than 1 year ago.
Pedro Pierluisi. (Suministrada)

Washington D.C. - Pedro Pierluisi considers that the Fiscal Oversight Board " is putting the cart before the horse” when the entity seeks to define the future electricity rates in the Puerto Rico Electric Power Authority’s Adjustment Plan (PREPA-POA), a policy that he insisted should be left in the hands of the Puerto Rico Energy Bureau (NEPR).

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