HomeArchiveBusiness sector asks for electricity-rate hikes for everyone but them

Business sector asks for electricity-rate hikes for everyone but them

The Costa Rican Association of Large Energy Consumers (ACOGRACE) last week proposed a reduction of 10-38 percent in electricity rates for their associates.

The request would mean increases on monthly bills for residential users and those with preferential rates – such as public schools – ranging from 4.40-11 percent, the Public Services Regulatory Authority (ARESEP) reported on its website.

In exchange for average consumers paying more, 1,020 members of ACOGRACE would pay less, according to ARESEP.

Costa Rican Industries Chamber President Juan Ramón Rivera told daily La Nación that [the proposal] is a “fair measure” to improve the country’s competitiveness.

The current monthly rate for 250 kilowatts – set to benefit lower income families – “is so cheap that everyone benefits, poor and wealthy families alike,” Rivera said.

Members of the business sector believe that if these measures are not enforced many foreign companies will relocate to other countries with better rates.

ACOGRACE’s request comes just days after a 13.6 percent decrease in electricity rates for customers of the state-run Costa Rican Electricity Institute (ICE) entered into force last week.

Since then, ICE already has filed a new petition with ARESEP for a 5.56 percent hike that is currently under study.

Trending Now

Costa Rica Wildlife Survey Reveals 60 New Species Records in Urban Heredia

A wildlife survey in one of Costa Rica's busiest urban areas has added 60 new species records to a local inventory, showing that birds,...

Costa Rica Unveils New ₡100 Coin Celebrating Limón Calypso

Costa Rica is paying tribute to one of its most distinctive musical traditions with a new ₡100 coin celebrating Limón calypso, a genre deeply...

What Driving to San Ramón Could Cost You Each Month in New Tolls

If you drive Route 1 between San José and the Western Valley, the planned expansion to San Ramón will come with four toll stations....

US Embassy Links Chinese Mining to Illegal Gold Digging in Costa Rica, China Calls It Unfounded

The United States Embassy in Costa Rica has accused Chinese mining companies operating in Nicaragua of driving illegal gold extraction across the border into...

Francisco Cerundolo Reaches Brussels Quarterfinals With Win Over Martin Damm

Argentina’s Francisco Cerundolo advanced to the European Open quarterfinals yesterday, beating American Martin Damm 6-4, 7-6 (4) to set up a meeting with French...

Costa Rica Conservation Groups Back U.S. Bill to Ban Sloth Imports After 58 Deaths

Two sloth conservation groups working in Costa Rica helped shape the bipartisan SLOTHS Act, which would ban most live sloth imports into the United States after dozens of animals died at a Florida attraction.

How to Save on Dental Implants in Costa Rica and Get the Best Treatment – A Win-Win!

Dental implants are a life-changing investment in your smile, health, and confidence—but they don’t have to break the bank. At Prisma Dental, we’ve helped...

Costa Rica Faces an $882 Million Revenue Hole as Courts, Police and Schools Take Cuts

Costa Rica expects to collect about ₡400,000 million ($882 million) less than it budgeted for 2026, and the Finance Ministry is asking lawmakers to...

More Than 2,000 Caught Entering Costa Rica Parks Illegally

Over 2,000 people were caught entering Costa Rica national parks illegally in three years. A new seal now targets tour transport.
L. Arias
L. Arias
Reporter | The Tico Times |
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel