Electricity rates to increase by 15%

June 13th, 2014 (InsideCostaRica.com) The cost of electricity will increase up to 15% across the country on July 1st, following an announcement by the Regulatory Authority for Public Services (ARESEP).

 

The rate hikes are the result of increasing generation costs due to water shortages, according to the regulator.

 

The amount of the rate hikes varies by utility.  The following are the proposed increases, set to take effect on July 1st:

 

ICE – 15.57%

CNFL – 14.55%

JASEC – 12.02%

ESPH – 12.01%

COOPEGUANACASTE – 8.45%

Coopesantos – 7.19%

RUIZ Coopealfaro – 10.23%

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    • disgusted

      Nothing about all of ICE executives getting their million dollars a year salary.. These hydrodams are sucking huge amounts of water.. CR natural resources is water as well. We just follow like sheep here what a shame. Were are the diputados and Pres. Solis on this issue.. AWOL! Futbol seems to be a distraction now.