The exact increase will be announced on July 12, when the new electricity tariffs, which are currently being studied by the Superintendency of Electricity and Telecommunications, will be defined.

However, according to an article in ElSalvador.com, "Miguel Bolinaga, the vice president of the electricity market and external relations of the AES El Salvador Group, was emphatic in stating that 'electricity bills will increase by 13 percent."

The main causes of the rise are high oil prices and the scarcity of water in the hydroelectric dam reservoirs.

Alberto Triulzi, executive director of Cenérgica, "reiterated that in order to avoid these unreasonable increases, similar to the previous quarter, it is urgent that the new Regulation of Operations of Transmission Systems and the Wholesale Market based in Production Costs (ROBCP) comes into force , which will bring to life energy contracts in the long term.

To provide stability in consumer prices, analysts also believe it is necessary to make long term contracts for at or near to one hundred percent of power generation, said the entrepreneur. "

Source: elsalvador.com

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July 2018

In El Salvador, Nautilius Inkia, Nautilius Distribution and Nautilus Isthmus have been given approval to acquire the share capital of Nejapa Power Company, Cenérgica and Poliwatt Limitada.

From a statement issued by the Superintendency of Competition (SC):

Renewed Tender for 350 MW in El Salvador

October 2012

The Salvadoran electricity distributor will relaunch the tender that was unsuccessful in March, having only received a single bid which was above the established reference price.

In March the company EMCE El Salvador was the only bidder to submit a proposal in the tender, with a price of $148.58 per megawatt (MW) hour, but the Superintendent of Electricity and Communications (SIGET) had set the price cap at $136.61 MW per hour.

Energy Costs Up 12.5% in El Salvador

March 2011

The increase is due to low rainfall and higher oil prices.

The new rates will take effect on April 12 and continue to be in force until July 12.

Abraham Bichara, president of AES El Salvador, said dry season forces hydroelectric plants to operate at minimum levels, increasing thermal generation, which is affected by higher oil prices.

El Salvador: Energy Investment at a Standstill

January 2011

Private investment remains at minimum levels in the country, due to lack of clear long term regulations.

Alberto Triulzi, executive president of Nejapa Power, stated that “all over the world, companies are investing in energy, except in El Salvador”, and noted that Nejapa Power, Duke Energy, Delsur and Grupo AES are investing everywhere “but in El Salvador”.