As it does every quarter, the Federal Communications Commission is reviewing the rates that telephone companies must charge and pass off to consumers to cover the Universal Service Fund, which among other things, subsidizes services offered to low-income consumers as well as improvements to schools and libraries.
Gov. Luis Fortuño administration officials took Moody’s Investors Service’s decision to cut the Puerto Rico Electric Power Authority’s credit rating down a notch in stride Wednesday, saying it was “expected” and would not have an impact on the upcoming $475 million bond emission.
Fondita de Jesús, a nonprofit organization that helps the homeless, has developed a solar energy project and installed high efficiency lighting systems and low-energy consumption air conditioning units at a cost of $100,000.
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