Bus fares to decrease in February

January 23, 2013

The Public Services Regulatory Authority (ARESEP) is studying a decrease in fares of 85 percent of bus routes in Costa Rica.

ARESEP said in a statement that, if approved, 52 percent (1,845) of the current 3,555 routes would see fares in the country decrease by ₡5 ($0.01).

Also, 15 percent (547) of them would decrease ₡5-₡10 ($0.01-$0.02), and 17 percent (620) would have a ₡10-₡105 ($0.02-$0.21) decrease. Another 15 percent (543) would maintain their current fares.

The adjustment will be set using the extraordinary methodology, which means ARESEP takes into account variations in fuel costs, salaries, maintenance and administrative costs occurred from July to December 2012.

The proposal will be submitted to public consultation in February, in order to allow users to know the specifics on the adjustment request.

ARESEP also reported that they rejected a 9 percent increase request in electricity rates filed by the National Power and Light Company, for failure to present all required documents.

Facebook Comments

You may be interested

Alajuelense eliminated in the Costa Rican Clausura
Soccer
3 views
Soccer
3 views

Alajuelense eliminated in the Costa Rican Clausura

AFP and The Tico Times - April 21, 2019

Liga Deportiva Alajuelense tied 2-2 against the reigning champion, Club Sport Herediano, and was eliminated from the semifinals of the…

Costa Rica bets on ending fossil fuel use by 2050
Climate Change
27 views
Climate Change
27 views

Costa Rica bets on ending fossil fuel use by 2050

Marco Sibaja / AFP - April 21, 2019

Eric Orlich and his wife Gioconda Rojas own two electric vehicles, which they charge at home in the garage thanks…

Pic of the Day: Costa Rica’s Isla Nublar (aka Cocos Island)
Pic of the Day
97 views
Pic of the Day
97 views

Pic of the Day: Costa Rica’s Isla Nublar (aka Cocos Island)

Alejandro Zúñiga - April 18, 2019

Isla Nublar, the setting for much of the "Jurassic Park" series, is unfortunately not a real Costa Rican island. Cocos…

Do NOT follow this link or you will be banned from the site!