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Study shows that rising energy costs could lead to the bankruptcy of at least 180 businesses in Puerto Rico

The results of this study, commissioned by the Supermercados Selectos chain, show that electricity in Puerto Rico is five times higher than in the United States.

October 30, 2023 - 11:38 AM

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This content was published more than 6 months ago.

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The economist and professor José Caraballo Cueto pointed out that, the cost of energy in Puerto Rico is twice the average cost in the United States. (Vanessa Serra Díaz)

By Marian Díaz

Periodista de Negociosmarian.diaz@gfrmedia.com

Rio Grande - If the Plan of Adjustment of the Puerto Rico Electric Power Authority (PREPA-POA), currently under consideration by Judge Laura Taylor Swain, is approved, some 180 businesses would risk bankruptcy, according to a study by economist and university professor José Caraballo Cueto.