Nicaragua increases electricity tariffs by 1.6 percent

A 1.6 percent increase in electricity tariffs was approved by the Nicaraguan Energy Institute (INE).

Tuesday, May 6, 2008

INE president David Castillo said the increase was less than the 3 percent that had been expected because weather forecasts pointed to forthcoming heavy rains that would boost generation by hydro plants.

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Honduras orders new rise in electricity tariffs

May 2008

A second increase in electricity tariffs programmed for the end of this month will bring to 50 percent the increase in bills paid by Honduran consumers.

President Manuel Zelaya's government has imposed the increases as part of its agreement with the International Monetary Fund.

Nicaragua raises electricity tariffs

April 2008

Spain's Unión Fenosa is to increase electricity tariffs immediately by 1.66 percent – a move that seems sure to further strain its already tense relations with the government.

Fenosa has a near-monopoly over power distribution in Nicaragua, but its senior executives claimed that they didn't ask for a tariff increase.

Bus fares and fuel face price hikes in Costa Rica

April 2008

Bus fares in Costa Rica will be raised Monday ahead of fuel-price increases set for the following day, the public-service regulator, Aresep, reported.

The average fare increase will be 5 percent. Increases in the price of gasoline and diesel will be accompanied by hikes in electricity tariffs ranging from 11 to 72 percent, depending on consumption levels.

El Salvador faces revolt by bus companies

April 2008

El Salvador's Transport Ministry is reviewing its policy on tariffs following a revolt by bus companies.

Several companies were fined for raising fares by 5 US cents without permission. But the deputy transport minister, Luis Felipe Moreno, said the companies were making other demands that would be even more costly for the public.

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