Costa Rica: Tax on Electricity Generation

A bill seeks to tax public and private organizations producing electricity for commercial purposes, with a levy of one cent per kilowatt hour of energy produced and sold.

Wednesday, June 24, 2015

From a statement issued by from the Chamber of Industries of Costa Rica (ICRC):

ICRC opposes electricity tax

"The National Electricity System must be corrected to lower electricity rates rather than establishing new taxes or royalties."

There are fewer and fewer industrial subscribers in the country. In 2002 there were 11,467 and in 2014 there were 8,437 subscribers, according to the ARESEP.

The Chamber of Industries of Costa Rica is opposed the approval of project No. 19119,a "Law that burdens public organizations and private producers of electricity for commercial purposes, with a fee of one cent per kilowatt hour for energy produced and sold, in the cantons where there are plants and dams," which will impose an additional cost on electricity.

See law proposal.

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