Panamanian lawmakers from the "Vamos" bench are proposing a legal amendment to restructure the country’s electricity market. The proposed bill seeks to separate power distribution from commercialization, aiming to dismantle the current oligopoly. Deputy Augusto Palacios explained the draft law would modify Law 6 of 1997, preempting upcoming electricity concessions in 2028. The goal is to foster greater competition and ultimately reduce electricity costs for consumers. By breaking up vertically integrated power companies, the lawmakers hope to create a more level playing field. This reform is intended to address long-standing concerns about high energy prices in Panama.