Electricity rates will now RISE by 4.2 cents per kilowatt hour in Puerto Rico


This is what is coming … there seems to be no stopping it!!
“CAPITALISM + COLONIALISM = DISASTER FOR PUERTO RICO
This is where we are.
Puerto Rico is becoming a land of beggars and billionaires.”

WAR AGAINST ALL PUERTO RICANS

Book - 12-10

The future of Puerto Rico is arriving quickly. The electrical authority PREPA negotiated its $9 billion debt repayment, and guess who is going to pay for it?

That’s right…the people of Puerto Rico.


A “SECURITIZATION CHARGE”

In Puerto Rico, fancy words often hide a simple crime.

The latest crime is the “securitization charge” that will be added to everyone’s electrical bill on the island.

One month ago, after negotiating with several vulture funds, PREPA announced that as of June 2016, a “securitization charge” of 3 cents per kilowatt hour would be added to everyone’s bill. This would amount to an average rate hike of $11.98 per household on the island.

http://www.bloomberg.com/news/articles/2016-04-08/puerto-rico-utility-files-rate-proposal-to-energy-commission

http://www.bloomberg.com/news/articles/2016-04-28/puerto-rico-s-power-utility-said-to-seek-restructuring-extension

But now, this “securitization charge” will rise to 4.2 cents per kw/hr within three months.

http://www.elnuevodia.com/noticias/locales/nota/cantazoalafacturadelaluzdesdeagosto-2202390/

This is in addition to an electrical bill that is already 300% higher in Puerto Rico, than it is in New York…

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About Dr. Rex

I'm originally from Puerto Rico. I was born in Santurce and raised in Rio Piedras. Have lived in Florida since 1999. I have a doctorate degree in Medicine; completed in 1976. My Internal Medicine specialty was completed in 1979. Worked for Puerto Rico's health system until 1985. At this time, I'm happily retired after working for the federal government for almost 28yrs. I want to offer any knowledge that I have to anyone "out there" who is interested. My views are liberal in almost every sense. My knowledge is "eclectic" - a bit of everything. Music and reading are my passion. Blogging has also become a very interesting endeavor. Metaphysical topics attract me. I'm interested in news reporting human issues like injustice, discrimination and abuse - the "wrongly" affected. My intention is to bring this knowledge to an understandable level and to help anyone in need. I'm open to questions and will answer them to the best of my ability. Currently working on an enterprise whose main mission will be to bring peoples of all walks of life together. To be one .... since we ALL are ONE!! The future looks bright and promising!!!

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