AGP Executive Report
Last update: 5 hours agoElectricity Costs: Puerto Rico’s new record power rate took effect, with an 18% jump for a typical residential bill (800 kWh) from $229 to $271, pushing the territory’s 33.86 cents per kWh far above the U.S. mainland average as outages persist and costs rise. Energy & Grid Pressure: Luma Energy said the increase is meant to cover higher operating costs tied to hotter demand, global oil price pressures, more reliance on customer batteries, and expensive generation when plants can’t meet needs. EV Market Update: Tesla says every Model 3 sold in the U.S., Puerto Rico, and Mexico now includes a larger 16-inch center touchscreen, while Model 3 Performance gets higher range and power plus a black headliner. Cybersecurity: Europol and Spanish police arrested a 16-year-old suspected of running ransomware group KillSec, with Puerto Rico named in U.S. charges tied to a KillSec breach. Retail Expansion: Wendy’s Puerto Rico won a 2026 “Best International Market” award and plans to open 10 more restaurants, building on a footprint that has grown to 85 locations. Tourism Tech: Discover Puerto Rico is rolling out AI agents to match travelers and meeting planners with vetted island businesses using verified local data.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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