The Public Services Regulatory Authority (ARESEP) announced Tuesday that electricity rates for all but one of the country's electricity providers will go up starting next month.
The public services regulator approved a 6.7 percent cut in electricity rates for customers of the Costa Rican Electricity Institute starting in January.
The Public Services Regulatory Authority (ARESEP) approved an increase in electricity rates which, while only half the percentage increase requested by Costa Rica's National Power and Light Company (CNFL), is still a huge jump.
The National Power and Light Company (CNFL) on Wednesday will launch an 11-month plan to eliminate printed monthly electricity bills for almost all of its customers.
The Public Services Regulatory Authority is evaluating a general cut in electricity rates starting next month, but three public utility companies have filed requests to raise them.
A top State Department official in Washington, D.C. said Central America — which relies heavily on diesel and fuel oil for power generation — is now in an ideal position to cut electricity costs by introducing alternative sources like natural gas and renewable energy.
