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 Costa Rican Electricity Institute expects wind power to increase from 7 percent of the country's total energy mix currently to 10.5 percent in 2017.
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.
Costa Rica's publicly-owned National Power and Light Company is requesting an increase in electricity rates that could raise basic rates for its customers by 36 percent.