The Department of Economic Development and Commerce (DDEC, in Spanish) confirmed that the guidelines are ready to request the “Apoyo Energético” incentive, amounting to up to $25,000, to install sustainable energy systems on small- and mid-sized businesses. This program was developed to help SME’s stabilize their operations, as well as reduce costs and long-term energy […]
The devastation caused by Hurricane María in 2017 highlighted Puerto Rico’s “antiquated, expensive and fossil fuel-dependent” electricity grid, providing the Biden administration with an historic opportunity to transform a vital part of the island’s economy. The Institute for Energy Economics and Financial Analysis (IEEFA) recommends in a new policy brief that the administration battle entrenched interests that […]
In recent years, we have witnessed how legislation seeks to transform the electricity sector in Puerto Rico. In 2014, the Energy Transformation and RELIEF Act was approved, which for the first time created an independent regulatory entity capable of overseeing and enforcing Puerto Rico’s energy policy. Five years later, in 2019, the Public Energy Policy […]
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