In the original lawsuit filed Feb. 24, 2015, the plaintiffs sought compensation for their estimated $1 billion losses in electricity overcharges.
A research brief released by the Institute for Energy Economics and Financial Analysis (IEEFA) lays out a cautionary tale to policy-makers in Puerto Rico, as they consider adopting a program known as retail choice in the island’s electricity market.
Puerto Rico’s Economic Activity Index showed a decrease of 0.8 percent year-over-year in June, but a 1 percent increase when compared to May 2018, Economic Development Bank for Puerto Rico confirmed.