The Negociado cuts Genera's budget and says they did not prove it in the record

On August 26, 2026, El Nuevo Día reports that the Negociado de Energía cut Genera PR's operating budget for this fiscal year. The figure the newspaper prints is narrow and specific: that line moved from $345 million on a provisional basis to about $278 million. The note does not break the cut down line by line, and the body of the page was truncated when it was opened.

The regulator's president, Edison Avilés Deliz, rejects the generation operator's budget claims. According to the outlet, the lines that were cut were replaced with funds from the U.S. Department of Energy. That attribution is the newspaper's: it does not turn this magazine into an auditor of the docket or an appraiser of the federal money. What the headline captures is the president's standard: Genera, he says, did not prove it in the record.

The cut comes after another note, dated June 18, 2026 in the same El Nuevo Día, on the Fiscal Oversight Board's amendment to the LUMA and Genera budgets in light of the rate review. That piece described an operating increase for LUMA. This piece, two months later, is about Genera and an operating cut. Two dates, two operators, two different moves. They are not averaged.

This budget is not mixed here with the fines over the reserve units. El Nuevo Día covered that thread on July 20 and again on July 31, 2026: a lapsed deadline, a preliminary determination, and $25,000 a day. On August 20, NotiCel reported that Representative Denis Márquez Lebrón and the PIP filed measures to cancel Genera's contract and investigate AES. A rate-case cut, a reserve-unit fine, and a cancellation bill are three threads. This note covers the first.

The rate review is the frame the headline itself names. The Negociado, according to El Nuevo Día, will not let what was not proven in the record into the operating budget. Department of Energy funds appear as the substitute for the lines that were cut, not as a new megawatt figure or as an itemized disbursement. A reader who wants the contract, the resolution, or the full docket has to go to the named source.

Source: El Nuevo Día. https://www.elnuevodia.com/noticias/locales/notas/no-lo-demostraron-en-el-expediente-presidente-del-negociado-de-energia-rechaza-reclamos-presupuestarios-de-genera-pr/