Puerto Rico faces record electric rate as demand and costs increase
Puerto Rico implemented a record electric rate increase on Thursday, raising residential bills by approximately 18% amid ongoing power grid instability.
SAN JUAN, Puerto Rico (AP) — A record electric rate went into effect Thursday in Puerto Rico as outages persist and the U.S. territory’s power grid continues to crumble. A residential customer that consumes 800 kilowatt-hours a month will see the monthly bill rise about 18%, from $229 to $271, according to Puerto Rico’s Energy...
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