Puerto Ricans were hit Monday with a 4.6% increase in electricity rates through September, in a blow to 3.2 million people who struggle with chronic power outages as the U.S. territory’s grid keeps deteriorating. For clients who consume 800 kilowatt hours, the new rate will be 23.77 cents per kwh, compared with the previous 22.72 cents, according to Puerto Rico’s Energy Bureau. That's 41% more than the average U.S. electricity rate, which is 16.88 cents per kwh, according to the U.S.
Luma’s expenses have faced heavy criticism from lawmakers and officials in the island’s power authority. In a letter to the federally appointed fiscal board last Thursday, Josué Colón, the executive director of the electrical utility, described Luma’s employee salaries as “exorbitant.” Luma, a U.S.
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