Board sues to annul Act 10 on net metering

On July 26, 2024, El Nuevo Día reported, by Manuel Guillama Capella, that the Financial Oversight and Management Board sued the government of Puerto Rico that Friday — after months of warnings — seeking annulment of Act 10-2024.

According to the piece, that statute extended to 2031 the compensation model for customers who have their own generation systems and export part of their energy to the electric grid (net metering).

The dek and the accessible body of the primary note that the Pedro Pierluisi administration did not act on the statute before June 30, as the Board had demanded. This desk does not invent customer figures, rate costs or judicial arguments that are not in the available text of the primary (paywall after the lede).

Obligated is not disbursed. A lawsuit is not a judgment. The note does not turn the Board’s complaint into an annulling ruling.