Governor asked to swear not to raise electricity prices with privatization of power generation

Morovis Mayor Carmen Maldonado González reacted to Governor Pedro Pierluisi Urrutia's allegation that the privatization of the Puerto Rico Electric Power Authority (Prepa) will not result in bill increases for subscribers.

"To believe him we will have to have that allegation in writing and sworn. Let's remember that we are dealing with the same public official who assured that with LUMA Energy there would be no increases, and we all know the result. The entire country, consumers, merchants, industrialists, non-profit organizations, we are all suffering from the prevailing disorganization and the increase in rates," said the also vice president of the Popular Democratic Party (PDP).

On Wednesday afternoon, the governor made official the entry of the company that will manage Prepa, the Genera PR consortium, and it is estimated that the contract will cost the island more than $100 million annually for the next 10 years.

"This has been a contract negotiated and signed behind the backs of the people of Puerto Rico, without any details and announced only when it was already signed. My position is that the government should not be managed as a private company, because the administrators are not the owners of the assets and should not manage them as they please," Maldonado González concluded.