24-05-2016 17:55 via salon.com

Puerto Rico seeks power bill increase, sparking outrage

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s heavily indebted electric company announced Tuesday that it is seeking a more than 20 percent increase in the island’s already high power bills, sparking outrage among many who note the agency faces numerous corruption allegations.
The Electric Power Authority said the increase would allow it to keep operating and help boost its dwindling liquidity. Officials said the additional revenue also would let the company restructure its $9 bil
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