Friday, November 22, 2019

Governor signs Puerto Rico Energy Cooperatives Act

By on December 14, 2018

SAN JUAN – Gov. Ricardo Rosselló signed into law a Senate legislation that would create the Puerto Rico Energy Cooperatives Act.

The measure, authored by New Progressive Party Sen. Larry Seilhamer Rodríguez and Popular Democratic Party Sen. Eduardo Bhatia Gautier, will establish a regulatory framework for individuals and firms to create cooperatives for their energy needs.

Seilhamer Rodríguez said the importance of Senate Bill 984 is it allows people and communities to create the cooperatives and gain access to different alternatives to obtain electric power and generation in a self-sufficient manner.

“I have always believed in the great potential of cooperativism to strengthen itself, and to continue providing excellent services to the people of Puerto Rico. The enactment of the bill marks a milestone in the development of an advanced public energy policy,” Bhatia said.

“I worked on this bill hand in hand with Senator Larry Seilhamer, as we have done with the new energy regulatory framework, pending approval by the House of Representatives. I am grateful that Governor Rosselló joined the unanimous and multi-party demand from the Senate and House. For me, the struggle to achieve an advanced energy system for the people has no partisan colors,” Bhatia added.

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