Hope, Fear As Puerto Rico Moves To Privatize Power Company

SAN JUAN, Puerto Rico (AP) — The announcement that Puerto Rico's governor is moving to privatize the U.S. territory's public power company has many on the island of 3.3 million people asking whether this will finally bring them more affordable electric bills and more reliable service. More than 30 percent of customers are still without electricity more than four months after Hurricane Maria, and many blame that and previous blackouts on the Puerto Rico Electric Power Authority, whose infrastructure averages roughly 45 years old, compared with 18 years on the U.S.

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