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Thursday 20 September 2007

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Electricity Costly in El Salvador
Former Panamanian President Again in Drug Scandal
FARC agrees to meet Venezuelan president on prisoner swap with Colombia
Chile commemorates independence with military parade
Six Million Brazilians Lifted Out of Poverty in 2006


Electricity Costly in El Salvador
A strong dependence on heat energy has caused Salvadorans to pay record prices for electricity although authorities denied on Wednesday that they raised prices.

Statistics from Unidad de Transacciones, that operates the domestic electricity market, set the price per megawatt hour 14 percent higher than last year, blamed on the climbing oil prices at the world market.

Although hydroelectric and geothermic energy are cheaper, oil generates nearly half of El Salvador's electricity.

The government confirmed the price in force since June 2006, but adjustments planned for October could change the picture.
 


 

 

 

 
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