No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessICE president backtracks after saying electricity rates would increase by more than...

ICE president backtracks after saying electricity rates would increase by more than 13 percent in early 2015

The executive president of the Costa Rican Electricity Institute (ICE), Carlos Obregón, on Wednesday morning said in a press conference the agency would file a request with the Public Services Regulatory Authority for a 13.2 percent increase in electricity rates for the first half of 2015.

Obregón said the request is based on projections for 2015 regarding operating expenses, electricity importation and fuel purchases for thermal generation.

Minutes after Obregón’s statement, President Luis Guillermo Solís reacted surprised and said he was unaware of ICE’s pending announcement.

Last April before taking office, Solís said one of his first actions as president would be to lower public utility rates. In July, he promised that electricity rates would remain unchanged during the next 18 months.

At noon on Wednesday, during a public event at Casa Presidencial, Solís said he would keep his promise not to raise electricity rates before the 18-month period.

The president denied ICE’s announcement was contradictory to his policy plans, calling it a misunderstanding.

“ICE is planning in advance for their expenses and rates, in case they need to use more oil for thermal generation after the 18-month period. But there will not be any increase [in rates],” he said.

“There is no confusion or contradiction between Zapote and Sabana Norte,” Solís said, referring to the San José locations of Casa Presidencial and ICE, respectively. “It was information that was not fully understood.”

Solís even used his Twitter account to ensure that rates would not increase.

“There will not be a change in electricity rates for the 18 months, as we previously stated,” he tweeted.

ICE’s Obregón then told TV Channel 11 that ICE’s request somehow would not affect users: “We foresee that the cost of generation using fossil fuels will reduce, meaning generation using renewable sources will increase. Therefore, we requested a change in the composition of the rates, but this change will not affect rates for our customers.”

Huh?

Trending Now

Middle Class Life in Costa Rica vs the United States

According to the website Franchisetimes.com, my household income in Costa Rica puts me solidly in the middle class. I live comfortably, if simply. Bills...

Costa Rica’s Route 32 Faces Lane Closures Into Early July

Drivers using Route 32, the main highway between San José and the Caribbean port city of Limón, should plan for lane closures on the...

Costa Rica’s Week Turns Drier Midweek as Trade Winds Push Rain to the Caribbean

Costa Rica opens the week unsettled but should turn noticeably drier and windier across the Pacific and Central Valley by midweek, as strengthening trade...

Uruguay Let Lead Slip in Costly World Cup Draw With Cape Verde

Uruguay had Sunday’s World Cup game right where it wanted it, then let it slip away. The South American side drew 2-2 with Cape...

Costa Rica Sets July 1 Deadline as Old Small-Change Coins Leave Circulation

Costa Rica's old-design ₡5, ₡10 and ₡25 coins will stop working as money on July 1, leaving anyone who deals in cash about a...

Costa Rica Arrests Soccer Club President Wanted by U.S. Authorities

Wilder Eusse Osorio, president of Costa Rican First Division soccer club Municipal Liberia, was arrested Wednesday in San José after U.S. authorities requested his...

Why do mosquitoes bite some people more than others?

Why are some people like “magnets” for mosquitoes while others seem to escape them? According to scientists, who are still working to decipher the...

Costa Rica Wildlife Cameras Capture Rare Swamp Eel Encounters

I should have a near zero percent chance of recording freshwater eels with my camera traps. Not only are they found underwater, but they’re...

Costa Rica’s Mid-Year Gordito Lottery Brings Big Prizes and Local Tradition

One of Costa Rica’s most familiar mid-year rituals is back on the streets. The Junta de Protección Social, known as the JPS, officially launched...
L. Arias
L. Arias
Reporter | The Tico Times |
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

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