The funds, which the executive said would be earmarked for capital investments, would mean an increase of more than a penny in the bill
The funds, which the executive said would be earmarked for capital investments, would mean an increase of more than a penny in the bill
August 16, 2024 - 2:27 PM
To optimize the administration of the power grid and, above all, to promote the capital improvements needed to reverse the accumulated deterioration of its infrastructure, LUMA Energy needs approximately $200 million additional to its annual budget, estimated the consortium’s president, Juan Saca, an item that would require a tariff revision that would increase the revenues that go to the private operator.
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