On the recordNovember 16, 2022
The 15-year contract provides a payment methodology that includes either bonuses or penalties, depending on compliance with the metrics.
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congress.govThe 15-year contract provides a payment methodology that includes either bonuses or penalties, depending on compliance with the metrics.
Discussing the contract terms for the private contractor LUMA regarding performance metrics.
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More from Pedro Pierluisi
Having a plan of adjustment confirmed by the Federal court is absolutely essential, because it would stabilize PREPA's finances.
We need to improve our energy system so we don't have this power disruption for so long after a major disaster.
We need to do public-private partnerships for both transmission and distribution and generation, and actually split the two so that there is no monopoly in Puerto Rico.
I am not going to allow PREPA to end up with a debt burden that is going to end up causing extraordinary increases, unacceptable increases, in the cost of electricity in Puerto Rico.