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Private company

Puerto Rico Electric Power Authority

Logo: Puerto Rico Electric Power Authority, Public domain, via Wikimedia Commons3

Government agency in Puerto Rico

The Puerto Rico Electric Power Authority (PREPA; Spanish: AEE) is an electric power company owned by the Commonwealth of Puerto Rico responsible for electricity generation, power distribution, and power transmission on the island. Before 2014, the authority was managed by a board of directors appointed by the governor with the advice and consent of the Senate.2 It is headquartered in San Juan.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1941Founded1

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Chimenea PREPA en Puerto Rico
Photo: chispy2, CC BY 2.0, via Wikimedia Commons4

The Puerto Rico Electric Power Authority (PREPA; Spanish: AEE) is an electric power company owned by the Commonwealth of Puerto Rico responsible for electricity generation, power distribution, and power transmission on the island. Before 2014, the authority was managed by a board of directors appointed by the governor with the advice and consent of the Senate.2

Timeline

  1. 1941Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$437.2M 2008–2026
Money received by yearMoney received by year, 2008–2026: $437.2M in all. Federal grants $368.4M; Federal contracts $68.8M.$0$100M$200M$300M$400M2008 · Federal contracts: $6.7M20082009 · Federal contracts: $3.9M2010 · Federal contracts: $3.0M20102011 · Federal contracts: $4.5M2012 · Federal grants: $3.9K2012 · Federal contracts: $2.7M20122013 · Federal grants: $50.3K2013 · Federal contracts: $4.9M2014 · Federal contracts: $4.3M20142015 · Federal contracts: $463.6K2016 · Federal contracts: $3.7M20162017 · Federal grants: $47.0K2017 · Federal contracts: $2.7M2018 · Federal grants: $29.3K2018 · Federal contracts: $11.7M20182019 · Federal grants: $47.9K2019 · Federal contracts: $12.9M2020 · Federal grants: $145.5K2020 · Federal contracts: $3.4M20202021 · Federal grants: $548.7K2022 · Federal grants: $394.6K2022 · Federal contracts: $2.9M20222023 · Federal contracts: $450.3K2024 · Federal grants: $3.0M20242025 · Federal grants: $364.1M2025 · Federal contracts: $306.0K2026 · Federal contracts: $325.0K2026
Figures by year
YearFederal grantsFederal contractsTotal
2026–$325.0K$325.0K
2025$364.1M$306.0K$364.4M
2024$3.0M–$3.0M
2023–$450.3K$450.3K
2022$394.6K$2.9M$3.3M
2021$548.7K–$548.7K
2020$145.5K$3.4M$3.5M
2019$47.9K$12.9M$12.9M
2018$29.3K$11.7M$11.7M
2017$47.0K$2.7M$2.7M
2016–$3.7M$3.7M
2015–$463.6K$463.6K
2014–$4.3M$4.3M
2013$50.3K$4.9M$5.0M
2012$3.9K$2.7M$2.7M
2011–$4.5M$4.5M
2010–$3.0M$3.0M
2009–$3.9M$3.9M
2008–$6.7M$6.7M

Federal awards

Obligated amounts from USAspending.gov5, by calendar year, 2008–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest grants

  1. Oct 1, 2025$365.0M from Department of Energy: Grid Infrastructure Deployment And Resilience6 To PUERTO RICO ELECTRIC POWER AUTHORITY Award DEGD0001048
  2. Sep 25, 2024$2.8M from Federal Emergency Management Agency: National Dam Safety Program7 To PUERTO RICO ELECTRIC POWER AUTHORITY Award EMN-2024-GR-05008
  3. Apr 29, 2024$185.2K from Federal Emergency Management Agency: National Dam Safety Program8 To PUERTO RICO ELECTRIC POWER AUTHORITY Award EMW-2024-GR-05050
  4. Sep 1, 2020$156.5K from Federal Emergency Management Agency: National Dam Safety Program9 To PUERTO RICO ELECTRIC POWER AUTHORITY Award EMW-2020-GR-00214
  5. Sep 22, 2025$52.6K from Federal Emergency Management Agency: National Dam Safety Program10 To PUERTO RICO ELECTRIC POWER AUTHORITY Award EMN-2025-GR-05005
  6. Aug 1, 2019$47.9K from Federal Emergency Management Agency: National Dam Safety Program11 To PUERTO RICO ELECTRIC POWER AUTHORITY Award EMN-2019-GR-00003
  7. Aug 1, 2020$39.9K from Federal Emergency Management Agency: National Dam Safety Program12 To PUERTO RICO ELECTRIC POWER AUTHORITY Award EMN-2020-GR-00002
  8. Jul 31, 2018$38.8K from Federal Emergency Management Agency: National Dam Safety Program13 To PUERTO RICO ELECTRIC POWER AUTHORITY Award EMN-2018-GR-00003

Largest contracts

  1. Jul 21, 2006$16.7M from Department of the Navy: Electric service14 To PUERTO RICO ELECTRIC POWER AUTHORITY Award N6247070C1007
  2. Jul 1, 2019$11.9M from Department of Veterans Affairs: Electricity service for the va caribbean healthcare system (vachs) to include: the san juan medical center, mayaguez and ponce outpatient cl15 To PUERTO RICO ELECTRIC POWER AUTHORITY Award 36C24819C0101
  3. Feb 26, 2007$8.3M from Public Buildings Service: Supply electricity services federal government offices located at gsa center.16 To PUERTO RICO ELECTRIC POWER AUTHORITY Award GS02P07PIC0014
  4. Feb 27, 2007$8.1M from Public Buildings Service: Supply electricity services to federal government offices located at recinto sur san juan, pr.17 To PUERTO RICO ELECTRIC POWER AUTHORITY Award GS02P07PIC0019
  5. Oct 1, 2014$2.6M from Federal Prison System / Bureau of Prisons: Igf::ot::igf - other functions - 151060 - electric utility service for the months of october 2014 through september 201518 To PUERTO RICO ELECTRIC POWER AUTHORITY Award DJBP0306PP450001

Sources

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