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Concern among SMEs: businesses raise alarm over electricity rates

A survey commissioned by the United Retailers Center found that most businesses have seen a 10% increase in operating costs

February 5, 2024 - 12:41 PM

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The survey shows that an average small business owner has between one and seven employees earning minimum wage and generating up to $3 million in sales. (gerald.lopez@gfrmedia.com)

By Maricarmen Rivera Sánchez

Periodista de Negociosmaricarmen.rivera@gfrmedia.com

The Puerto Rico United Retailers Center (CUD, Spanish acronym) called, once again, the government -and the Fiscal Oversight Board- to avoid an increase in electricity rates after a survey commissioned by the organization found that most businesses have seen a 10% increase in their operating costs.