The island’s electricity costs — significantly high in comparison to most competitive economies — could be solved by making a series of difficult choices to fix the Puerto Rico Electric Power Authority’s escalating problems and take advantage of a new energy order that is driving down prices around the globe.
Puerto Rico’s economic activity index for the month of June showed a 1.0 percent year-over-year reduction, after showing a 1.1 percent YOY decrease in June 2014.
Puerto Rico will host this year’s annual Latin American Forum of Telecommunications Regulators convention in November, when industry representatives from the region will convene to discuss and seek solutions to current issues.