CNE: PREPA’s new residential rate raises many questions
November 30, 2011
The Puerto Rico Electric Power Authority’s new residential rate that goes into effect today for the island’s residential customers is a temporary subsidy that does not imply efficiency improvements at the agency, the Center for the New Economy concluded Wednesday.
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Private sector banding together to propose high energy cost solutions
October 4, 2011
It seems as though everybody is looking for ways to drive down Puerto Rico’s mounting energy costs, which are strangling residential and commercial customers alike every month. On Monday, a large group of private sector representative came together to propose to the governor the creation of an independent body to find solutions in the short, medium and long term to deal with the problem.
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PREPA: June energy consumption generates $434.6M in revenue
August 12, 2011
The Puerto Rico Electric Power Authority generated more than $434.6 million in revenue from island residential and commercial consumers, who burned through more than 1.5 billion kilowatt-hours of energy in June, the start of the sweltering summer season.
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Yabucoa solar energy farm gets the go-ahead
March 2, 2011
Less than two months after announcing plans to be eyeing Puerto Rico for the development of a $150 million solar energy project, this week Canadian firm Western Wind Energy Corp. confirmed it has signed a 30 megawatt photovoltaic purchase power agreement with the Puerto Rico Electric Power Authority.
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$120M solar energy project slated for Yabucoa
January 10, 2011
Canadian firm Western Wind Energy Corp. has set its eye on Puerto Rico, with the planned development of a $120 million, 30 megawatt solar energy project in Yabucoa.
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