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20 years

ARESEP approves increase in electricity rates

ARESEP

December 20th, 2012 (InsideCostaRica.com) The Public Service Regulating Authority (ARESEP) has approved increases in the electrical rates for 5 of Costa Rica’s electric distributors. The increases vary between 1.44% and 3.62%.

 

The increase comes after an increase in energy production costs at ICE.

 

During the second week of November, the Costa Rican Electricity Institute (ICE) obtained a 7.6% increase for electric generation rates to compensate in part for higher expenses associated with the production of thermal energy.

 

This year, less than usual rainfall forced ICE to produce more energy from thermal sources, at greater expense.

 

The increases approved for electric distributors were based on criteria such as the number of customers and area of coverage of the distributor, and the amount of energy each purchases from ICE.

 

The increase applies to customers of the Compania Nacional de Fuerza y Luz (CNFL), the Empresa de Servicios Publicos de Heredia, and the coop distributors in Guanacaste, Alfaro Ruiz and San Carlos.

 

The increases will soon be published in the official diary, La Gaceta.

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