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The Puerto Rico Solar and Storage Association (SESA) submitted a friend of the court brief in the U.S. District Court on Wednesday regarding the Financial Oversight and Management Board’s legal action against the government to invalidate Act 10-2024, which prolongs net metering through 2030.
Earlier this year, the FOMB initiated a lawsuit aiming to render Act 10-2024 (Act 10) ineffective, a statute intended to advance net metering. Act 10 would prevent the Puerto Rico Energy Bureau (PREB) from altering the existing net metering and energy distribution regulations until at least 2031.
The net metering statute reimburses households equipped with solar energy systems for their contributions to the energy grid.
The friend of the court brief endorses the actions of the Government of Puerto Rico and the Senate in resisting the FOMB’s summary judgment request aimed at annulling the legislation.
Javier Rúa Jovet, SESA’s Public Policy director, noted that this appeal provides Judge Laura Taylor Swain with “information on the significance of net metering for energy resilience, particularly for low- and moderate-income communities, and for the sustainable economic growth of Puerto Rico.”
“The FOMB’s lawsuit is an unreasonable assault on net metering and lacks justifiable grounds. This policy facilitates affordable solar energy access, providing benefits to Puerto Ricans and enhancing the Island’s energy reliability,” Rúa Jovet stated in a written communication.
Organizations endorsing the appeal encompass the Solar Energy Industries Association (SEIA), GRID Alternatives, Power Solar, SolarEdge, and SMA, along with numerous other entities and businesses within the industry.
