The Role of Puerto Rico’s Energy Regulator
The cornerstone of an effective energy sector is a politically independent, and sufficiently funded energy regulator. The Puerto Rico Energy Bureau (PREB) is such a regulator. Among its most important duties is to monitor utilities and contractors, set electricity rates, and ensure the most effective way to generate energy. PREB is also an important element of increasing transparency.
PREB was created in 2014, but the transformation of Puerto Rico’s energy system defined by Act 17-2019 and the Fiscal Plan for the Puerto Rico Electric Power Authority (PREPA) the Oversight Board certified gave PREB more heft. It increased funding to ensure effectiveness and true independence.
- Director of the Oversight Board advocates for Energy Bureau to maintain its oversight powers – May 8, 2024
- Puerto Rico’s Net-Zero Plans Would Raise Costs, Induce Blackouts – May 6, 2024
- Board Director insists there will be no sun tax – May 8, 2024
- Point of view: In defense of consumers’ interests – April 23, 2024
- Changes in net metering law lead to crossroads – April 22, 2024