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prima:When will the new base rate for electric service become effective?

The Energy Department outlines the procedure for the review, which first contemplates a provisional amount while the analysis is being completed

February 14, 2025 - 12:11 PM

The base rate, which covers the ordinary costs of maintaining the system, has not been revised since 2017. (Xavier Araújo)

Hours after the Financial Oversight & Management Board (FOMB) made public the Electric Power Authority’s (PREPA) certified fiscal plan -a document that projects dramatic short-term increases in the system’s operating costs-, the Energy Bureau (NEPR) outlined the schedule for LUMA Energy to submit its proposal for the base rate review that will go into effect on July 1.

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