LUMA Energy proposes an electricity bill increase of up to $48 per month for some customers
La Fortaleza demands transparency on LUMA’s executive salaries and benefits
The proposed rate hike could impact retirees living on less than $1,000 per month
Why this matters: For Puerto Rican households and retirees, the proposed rate hike could mean an additional financial burden, making transparency on LUMA’s executive salaries and benefits crucial for evaluating the request.
Jean Peña Payano, La Fortaleza’s secretary of public affairs, rejected a proposed electricity rate increase from LUMA Energy on Thursday and demanded the company disclose executives’ salaries and benefits. He was responding to a proposal LUMA submitted to the Puerto Rico Energy Bureau (PREB) that could add nearly $48 to some customers’ monthly bills.
Peña Payano called it "cynical" for LUMA to seek a hike while maintaining undisclosed executive perks, urging the company to publish salaries, information on which schools executives’ children attend and how much is paid for their education, which gated communities they live in, and housing/relocation costs. He clarified that PREB, not La Fortaleza, is responsible for evaluating LUMA’s rate request.
In context (787daily, from public data)
<0.1%of LUMA customers without power
57-day average 0.3% · worst 1.8%, Sep 30
LUMA's portal showed under 0.1% of customers out at 6:07 AM AST on Nov 2, 2026. Across the 57 days 787daily has tracked it, the daily average is 0.3% and the worst was 1.8% on Sep 30, 2026.
Worst of LUMA's five full years, up from 26.3 hours the year before
Customers averaged 28.4 hours without power in the fiscal year that ended in June 2026, the worst of the five full years LUMA has run the grid and up from 26.3 hours the year before.
LUMA operates the transmission and distribution system.