Puerto Rico Aqueducts and Sewers Authority
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| Agency overview | |
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| Formed | May 1, 1945 |
| Jurisdiction | executive branch |
| Headquarters | San Juan, Puerto Rico |
| Agency executive |
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| Key document | |
| Website | www.acueductospr.com |
| Part of a series on the |
| Executive branch of the government of Puerto Rico |
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| Part of a series on the |
| Economy of Puerto Rico |
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| Government |
The Puerto Rico Aqueducts and Sewers Authority (PRASA) —Spanish: Autoridad de Acueductos y Alcantarillados (AAA)— is a water company and the government-owned corporation of Puerto Rico responsible for water quality, water management, and water supply in Puerto Rico.[1] PRASA is the only entity authorized to conduct such business in Puerto Rico, effectively making it a government monopoly.
Criticism
60% of utility water in Puerto Rico is lost through theft or leaks, in comparison to 12% when compared to the industry average in the United States.[a] Bills have tripled from $50 a month to $150 since 2007 with a growing 25% delinquency rate.[b]
See also
Notes
- ^ McDonald (2014) "It’s hard to believe, over 60% of the Commonwealth’s water is lost through theft or leaks, staring down at the US’s 12% industry average among water utilities."[2]
- ^ McDonald (2014) "Bills have tripled from $50 a month to $150 over the last 6 years, there’s a growing 25% delinquency rate."[2]
References
- ^ Act 40 of 1945
- ^ a b McDonald, Larry (January 3, 2014). "Could a Puerto Rico Default Hammer the $3.7 Trillion US Muni-Bond Market in 2014?". Forbes. Retrieved January 4, 2014.