ICE Executive President Carlos Obregón and CNFL General Manager Víctor Solís will have to appear before a Legislative Assembly committee to explain the impact of the agencies' investments on electricity rates.
The onset of Costa Rica's rainy season and the launch of two renewable energy projects have prompted a decrease in electricity rates for the next quarter.
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.
Electricity rates in Costa Rica will be up to 5 percent cheaper for customers of six of the country’s eight main suppliers thanks to abundant renewable energy.
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.
Bright sunshine isn’t anything new to Costa Rica, but broad, consumer-based distributed generation solar power soon will be, following the recent publication of an executive decree on the issue.
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.
