August 5, 2021

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LUMA Energy executives will charge between $ 50 and $ 325 per hour

As part of the transition to assume the reins of the Electric Power Authority ( PREPA ), the US-Canadian consortium LUMA Energy will bring to the island a team of at least 42 executives, who they will charge at the rate of $ 50 and $ 325 per hour.

The transition team is led by LUMA President and CEO, Wayne Stensby, according to a flowchart included in the contract announced this week and from which El Nuevo Día obtained a copy.

Other prominent executives will be reported to Stensby in the areas of legal affairs, human resources, finance, regulation, operations, capital improvements and customer service, among others. [19659004] The contract also establishes that, as requested by PREPA, LUMA will create specific teams to "provide an additional focus" in other areas including emergency response, acquisition of non-federal funds , s Physical and data security and vegetation management.

Regarding compensation, the contract details, for example, that executives under the vice president category will charge $ 325 per hour. For senior managers, the hourly payment will be $ 300 and for directors, $ 270.

The lowest payments will be for executives under the administrative support category, which will earn $ 50 per hour. The analysts, for their part, will charge $ 125 per hour.

Through his account on the social network Twitter, the president of the Union of Workers in the Electrical and Irrigation Industry ( Utier ), Ángel Figueroa Jaramillo described the salaries as “scandalous”, and pointed out that “the people (will) have to pay if we allow this disastrous contract.”

The consortium is made up of the companies Quanta Services, ATCO and IEM. His contract with PREPA is for $ 15 years, at a cost of $ 1,500 million. It will be in charge of the operation of the transmission, distribution and customer service systems.

On Monday, when the contract was announced it was reported that the transition period will take between 10 and 12 months. That same day, LUMA sent an email to PREPA employees informing them that they intend to retain the majority of the existing "skilled" workers.

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