One of those two entities is Luma, a private company that was awarded a contract last year to distribute electricity around the island. The other is the Puerto Rico Electric Power Authority, known as PREPA, which used to be in charge of the whole system and now continues to operate the power plants.20 Nov 2021
Who owns the power company in Puerto Rico?
The Federal Emergency Management Agency has allocated nearly $10 billion in taxpayer funds for the effort. The Puerto Rico Electric Power Authority (PREPA), the state-run utility provider, now only manages the generation of electricity.16 Nov 2021
Is PREPA a government agency?
Puerto Rico Electric Power Authority (Prepa) is a government-owned utility responsible for the distribution of electricity to 1.3 million residential and business customers of Puerto Rico.
Who bought PREPA?
LUMA
Who owns the electrical power plants in Puerto Rico?
PREPA is a government agency that owns the electricity transmission and distribution systems for the main island, Vieques, and Culebra, as well as about 86% (nearly 5,000 megawatts) of the installed electricity generating capacity.
Does Puerto Rico have a power plant?
Puerto Rico has no coal reserves and produces no coal. The Commonwealth has one coal-fired electricity generating plant, located at Guayama.