Puerto Rico Regulation on Energy Cooperatives

01 Oct 2022

On December 14, 2018 the Government of Puerto Rico enacted Act 258-2018 to authorise the organisation of Energy Cooperatives in Puerto Rico. Act 258-2018, mandates the Puerto Rico Energy Bureau to prescribe the regulatory framework for Energy Cooperatives. This Regulation is adopted to establish the requirements for the organisation of Energy Cooperatives, their certification as electric service companies, to regulate the rates to be charged to customers of Energy Cooperatives and to frame the jurisdiction of the Energy Bureau over the Energy Cooperatives. The Energy Bureau, through the adoption of this Regulation, contributes to the public policy established by the Government of Puerto Rico to promote the development of a de-centralised energy model capable of providing renewable energy options to the residents of Puerto Rico, which strengthens the electric system resilience to natural disasters.

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Puerto Rico