Electricity rates to go up next month
Costa Rica’s Public Services Regulatory Agency (ARESEP) currently is studying a hike in electricity rates for all distribution companies in the country, prompted by an increase in the cost of fuel-generated electricity.
On average, rates will go up by 5.27 percent, depending on the distribution company.
The Costa Rican Electricity Institute requested a 5.43 percent increase, the National Power and Light Company asked for 6.17 percent, the Electric Service Administrative Board of Cartago requested a 6.88 percent and the Heredia Public Services Company requested a 6.52 percent hike.
Power supply companies usually need to generate electricity using fuel, due to a decrease in energy production at hydroelectric plants during the dry season, which in Costa Rica runs from November to April.
The regulatory agency also reported that rate decreases may apply in the second half of 2014, as a reduction in fuel usage is expected as well as an increase in rainfall that will help replenish reserves at hydroelectric plants.
The proposed rate increase is currently open for public debate, and citizens can voice complaints at ARESEP offices in Escazú, southwest of San José.
The deadline for filing a a complaint is Dec. 13 at 4 p.m.
You may be interested
Costa Rica coronavirus updates for Monday, September 21Alejandro Zúñiga - September 21, 2020
Costa Rica announced 59 new coronavirus-related deaths since Friday for a total of 745, according to official data released Monday…
President of Legislative Assembly doesn’t see viability of Costa Rica’s IMF proposalAlejandro Zúñiga - September 21, 2020
The president of Costa Rica's Legislative Assembly expressed his displeasure with the Presidency's fiscal measures that are intended to help…
Costa Rica to participate in UN General Assembly this weekThe Tico Times - September 21, 2020
President Carlos Alvarado will participate this week in the 75th session of the United Nations General Assembly, the Costa Rican…