The Center for a New Economy will receive $1.9 million over the next two years from the Open Society Foundations to develop a “specific and measurable plan to increase civic capacity, transparency, and access to justice and equity in Puerto Rico.”
A number of prominent private-sector leaders expressed their support Tuesday of Senate Bill 837, which proposes to create the Puerto Rico Energy Regulatory and Oversight Commission to, among other things, begin reeling in local electricity costs.
The Center for a New Economy expressed its support Wednesday of the creation of an independent energy regulatory board to “rigorously oversee” the Puerto Rico Electric Power Authority’s operations, to spur an improvement in the grid and a reduction in electricity costs passed on to consumers.