• Costa Rica Real Estate

Electricity rates to go up starting July

June 28, 2016

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.

Facebook Comments

You may be interested

USNS Comfort mission to arrive in Costa Rica this weekend
Costa Rica
759 views
Costa Rica
759 views

USNS Comfort mission to arrive in Costa Rica this weekend

Alejandro Zúñiga - July 16, 2019

Costa Rica will receive this weekend the USNS Comfort, a United States Navy hospital ship, as part of the vessel's…

Pic of the Day: The works of Costa Rican artist Jorge Jiménez Deredia
Pic of the Day
229 views
Pic of the Day
229 views

Pic of the Day: The works of Costa Rican artist Jorge Jiménez Deredia

AFP and The Tico Times - July 16, 2019

Today's featured photo shows the sculpture "Genesis de Huevo" by Italy-based Costa Rican artist Jorge Jiménez Deredia as it appeared…

Costa Rican students continue protests over public education programs
Costa Rica
555 views
Costa Rica
555 views

Costa Rican students continue protests over public education programs

Monserrat Cordero Parra and Rita Valverde / Semanario Universidad - July 15, 2019

Costa Rican high school students demonstrated Monday in front of the Rofas Building in San José and closed educational centers…

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