WASHINGTON, D.C. – The United States Hispanic Chamber of Commerce (USHCC) commends the Federal Energy Regulatory Commission (FERC) for voting to issue a Notice of Proposed Rulemaking (NOPR) to revise the Commission’s regulations implementing sections 201 and 210 of the Public Utility Regulatory Policies Act of 1978 (PURPA). The effort to revise the Commission’s regulations implementing sections 201 and 210 of the Public Utility Regulatory Policies Act of 1978 (PURPA) will better address consumer concerns and market changes in the energy landscape in recent decades, according to FERC.
“PURPA was enacted by Congress to address a national energy crisis that ceases to exist,” said Ramiro A. Cavazos, USHCC President & CEO. “Today, our country has seen tremendous technological advancements in renewables, including innovation being led by Hispanic-owned businesses. Electric companies should no longer have to buy power they often don’t need at above-market prices. Doing so raises electricity prices for energy customers, including Hispanic small business owners nationwide, and stifles competitive contracting practices. The NOPR serves as a reminder that the energy industry has undergone significant changes since PURPA was first enacted by Congress in 1978.”
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About the USHCC
The USHCC actively promotes the economic growth, development, and interests of more than 4.37 million Hispanic-owned businesses, that combined, contribute over $700 billion to the American economy every year. It also advocates on behalf of 260 major American corporations and serves as the umbrella organization for more than 200 local chambers and business associations nationwide. For more information, please visit ushcc.com. Follow us on Twitter @USHCC.