A federal control board overseeing Puerto Rico’s finances has filed a lawsuit challenging amendments to the island’s net metering law, triggering a backlash.
FILE - A brigade from the Electric Power Authority repairs distribution lines damaged by Hurricane Maria in the Cantera community of San Juan, Puerto Rico, Oct. 19, 2017. A federal judge overseeing a drawn-out debt-restructuring process for the power company ordered all parties to mediation on Wednesday, July 10, in the latest attempt to break an impasse that has sparked widespread anger and frustration.
It said the net metering program also directly affects the revenues of Puerto Rico’s Electric Power Authority, which is struggling to restructure itsas it clashes with creditors seeking to recuperate their investments. “Any attempt to reduce the economic viability of rooftop solar and batteries by paring back net metering should be rejected at this critical stage of Puerto Rico’s energy system transformation,” Grijalva and others wrote in a May 17 letter to the board.
In its lawsuit, the board also seeks that the governor submit an estimate of the law’s impact on the government’s revenues and expenditures, among other things. “Determining what is in the public interest, however, should not be left to special interests,” Mujica said.
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