President Luis Guillermo Solís called for a review of gasoline prices as part of a wider examination of Costa Rica’s energy options in the face of climate change and rising energy costs, during a press conference on Tuesday.
At a press conference following his weekly Cabinet meeting on Tuesday, President Luis Guillermo Solís said he would request a review of the methodology used for calculating fuel prices with the aim of lowering costs for consumers.
Motorists will pay an additional ₡25-45 in per-liter prices of fuel after the Public Services Regulatory Authority on Wednesday approved a hike request filed last month by the National Oil Refinery.
Small-scale energy production, such as solar panels, saw a regulatory hurdle removed that could help combat late-dry season energy rationing and reduce the country’s reliance on petroleum. The country’s electricity regulator, the Public Services Regulatory Authority, announced a series of changes on Wednesday.
The Public Services Regulatory Authority (ARESEP) will submit in April a proposal to reduce water rates for customers of Costa Rica's Water and Sewer Institute (AyA) and the Public Service Company of Heredia (ESPH). Customers who get their water from municipalities may not be affected.