Hurricane Irma Unleashes the Forces of Privatization in Puerto Rico
/VULTURES CIRCLING THE wreckage of Puerto Rico in the wake of Hurricane Irma are closing in on a long-sought prize: the privatizing of the island’s electric utility.
Puerto Rico avoided the very worst of the storm, which darted just north of the U.S. territory. But it didn’t escape unscathed. Following a request from Gov. Ricardo A. Rosselló, the White House declared a state of emergency. Three people were killed and more than 1 million were left without electricity in the storm’s wake.
The fragile body responsible for that power is the Puerto Rico Electric Power Authority, whose executive leadership warned ahead of the storm that parts of the island could be left without electricity for up to six months. Thanks to the change in the storm’s path and a crew of dedicated line workers, Prepa, the island’s sole electricity provider, now expects most towns to have their lights back on within two weeks and full power within a month. As of Monday, more than 70 percent of homes had already gotten electricity back.
But once the lights are turned on, Puerto Rican households will face a new threat. [MORE]
