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 Costa Rican Oil Refinery (RECOPE) finally had some good news for motorists as its most recent projections show fuel prices next year will remain similar to those registered this month.
Despite a spike in international fuel prices in the past two weeks, prices of gas and diesel in Costa Rica will remain stable for the rest of the year, the Public Services Regulatory Authority (ARESEP) confirmed this week.
Costa Rica's Public Services Regulatory Authority (ARESEP) will now take into account the actual amount paid for oil by the Costa Rican Oil Refinery (RECOPE) when calculating the price of fuel at the pump, rather than relying on reference prices for international oil.
The Public Services Regulatory Authority (ARESEP) approved a ₡15 hike in regular per-kilometer taxi fares and a ₡2 to ₡3 increase in per-liter fuel prices.
