• Costa Rica Coffee Guide

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.

You may be interested

Slothy Sunday: End your February with a sloth
Sloth Sundays
2535 views
Sloth Sundays
2535 views

Slothy Sunday: End your February with a sloth

The Tico Times - February 28, 2021

Happy Slothy Sunday from Costa Rica! We hope you enjoy the rest of your weekend, and the end of February…

How can I immigrate to Costa Rica?
Business
71 views
Business
71 views

How can I immigrate to Costa Rica?

Lic. Jorge Montero B. - February 28, 2021

Back in September 2016, when we lived in a completely different social environment, not yet affected by the global pandemic,…

Central America begins ban to protect lobster
Fishing
1706 views
Fishing
1706 views

Central America begins ban to protect lobster

AFP and The Tico Times - February 27, 2021

Countries of Central America and the Dominican Republic on Monday will begin a ban to protect the Caribbean spiny lobster…