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Electricity to Increase
Last month bus fares increased.
This month the cost of electricity is set to rise, as the Autoridad
Reguladora de los Servicios Públicos (ARESEP) - the regulating authority
on public prices and services - gave the green light to an average 17.3%
increase in the cost of electrical power.
The Instituto Costarricense de Electricidad (ICE) that generates
electrical power and resells it to local utility companies, including
it's subsidiary, La Compañia Nacional de Fuerza y Luz (CNFL), has asked
for a 24% increase last November.
What the increase will mean for the consumer is that a family that
consumes 250KWh per month would have to pay ¢1.545 colones more for the
consumption.
The increase will come into effect April 15.
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