The electricity bill will increase from April onwards as a result of a correction for the increase in the fuel price and the purchase of energy that the Electric Power Authority (PREPA) has submitted to the Energy Bureau for consideration.
PREPA recalled that it has the responsibility to present the projections and costs to be reconciled, while the Energy Bureau evaluates, monitors and establishes the quarterly adjustment to be returned to the customer or vice versa.
According to PREPA, so far in 2021, “new global trends have started to emerge as a result of the opening of the economy after the closures due to the COVID pandemic. Likewise, oil prices are starting to undergo fluctuations and you are starting to see trends after the COVID pandemic. pandemic, that is, a market in recovery and growth. “
According to PREPA, a residential customer subject to the General Residential Service (GRS) tariff with a consumption of 800 kWh reflected a cost per kilowatt hour of 18.16 c / kWh in the quarter from January to March 2021.
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A press release reported that as a result of the rise in the oil price, a projection of the current adjustment has been submitted to the Energy Bureau. PREPA assured that the basic electricity tariff remains unchanged and that the adjustment will correspond to the cost of fuel and the purchase of energy.
“This represents approximately 20.30 c / kWh, which, if approved by the Bureau, will be reflected in the quarter covering April, May and June 2021. The Authority team is committed to working with the Energy Bureau to to collectively continue to evaluate the available alternatives to minimize the impact of the adjustment on the customer’s wallet, “it was indicated.
PREPA insisted that the adjustment submitted to the Bureau includes a $ 19 million reduction in fuel costs as a result of the Federal Emergency Management Agency (FEMA) reimbursement. This fee was indicated to correspond to the costs PREPA incurred in purchasing fuel to operate the emergency units in service, replacing the generation of Central Costa Sur units 5 and 6, which were out of service left as a result of the 2020 earthquakes. FEMA will refund $ 19 million, so it is unreasonable for subscribers to pay for that fuel.