Electricity rates to go up starting July
Costa Rica’s Public Services Regulatory Authority (ARESEP) announced Tuesday that electricity rates for all but one of the country’s providers will go up starting next month.
The agency said the rate increase is due to the fact that providers have had to use bunker- and diesel-powered plants during the past quarter to cover a 6.6 percent increase in energy demand.
ARESEP published the new rates in the official daily La Gaceta this week.
Customers of the Costa Rican Electricity Institute (ICE) will pay the highest increase. Starting next month, the basic monthly rate will be 5.5 percent higher.
On the flip side, residents of Los Santos in Southern San José, and who get their electricity from Coopesantos, will actually see a 1.2 percent decrease in their monthly bills. See the full list of new rates below.
ARESEP approved the new rates to compensate electricity providers for ₡7,993 million ($14.5 million) spent during the previous quarter to purchase fuel.
You may be interested
Some progress, and a complicated legacy, 10 months after Sergio Rojas’s murderJohn McPhaul - January 18, 2020
Ten months after the murder of Bribrí indigenous leader Sergio Rojas, Costa Rican authorities appear to be making progress in…
Pic of the Day: Bill regulating strikes approved in second debateThe Tico Times - January 17, 2020
The Costa Rican Congress approved Thursday a bill that regulates the right to strike, while hundreds of public workers protested…
Terrorism and Venezuela will be focus for Pompeo in Costa Rica, Latin AmericaAlina Dieste / AFP and The Tico Times - January 17, 2020
The fight against terrorism and the crisis in Venezuela will dominate U.S. Secretary of State Mike Pompeo’s seventh visit to…