Modernizing existing PURPA regulations fosters increased competition in today’s evolving wholesale power markets and reduces unnecessary costs to consumers.
WASHINGTON, D.C. – The Latino Coalition (TLC), the nation's leading non-partisan advocacy organization representing Hispanic businesses and consumers, applauds the Federal Energy Regulatory Commission (FERC) for voting to issue a notice of proposed rulemaking (NOPR) to modernize implementation of the Public Utility Regulatory Policies Act of 1978 (PURPA).
“The NOPR represents a wise effort by the FERC to streamline implementation of an antiquated regime, enacted over 40 years ago when the United States was experiencing a national energy crisis,” said TLC Chairman Hector V. Barreto. “These changes will better address consumer concerns and market changes in the energy landscape, especially for the Latino community. TLC applauds these efforts by FERC to permit states more flexibility to rely on competitive prices in setting QF rates and to make certain other changes to address implementation issues that have arisen over the years. TLC agrees with the notion that electric companies should not be burdened by unnecessary regulatory hurdles that drive up costs for consumers.”
About The Latino Coalition
The Latino Coalition (TLC) was founded in 1995 by a group of Hispanic business owners from across the country to research and develop policies solutions relevant to Latinos. TLC is a non-profit nationwide organization with offices in California, Washington, D.C. and Guadalajara, Mexico. Established to address and engage on key issues that directly affect the well-being of Hispanics in the United States, TLC's agenda is to create and promote initiatives and partnerships that will foster economic equivalency, and enhance and empower overall business, economic and social development for Latinos. For more information, visit www.thelatinocoalition.com.