Wednesday, September 26, 2018

Good Luck To Puerto Rico Next Time They Need Help

The New York Times
Utilities Helped Puerto Rico Fix Its Power Grid. Now They Face Hefty Tax Bills.
"Though their costs are expected to be reimbursed by the federal government, the companies were not earning a profit... Florida Power & Light was given five days to pay the first $2 million, and 30 days for $333,000 more in taxes, fees, penalties and interest. Ameren and the Sacramento Municipal Utility District received bills for nearly $3 million."

What does that mean for PPL (me)?

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