Electricity Costs Affecting CompetitivenessIn Costa Rica, electricity rates have doubled in the last four years, and now industrial electricity is cheaper in the U.S. and Europe.Wednesday, November 16, 2011
Costa Rica’s Chamber of Industries (CICR in Spanish) is asking the Public Services Regulatory Authority (ARESEP in Spanish) to rationalize the 22.75% increase in electricity rates imposed by the Instituto Costarricense de Electricidad (ICE). ¿Busca soluciones de inteligencia comercial para su empresa?Costa Rica: Another Increase in Electricity TariffsMarch 2017 The industrial union is opposed to the 13% increase in generation and 8% for customers of the state run electricity company, ICE, which will apply from April 1. Costa Rica: More Hikes in Electricity RatesSeptember 2014 Industrialists have opposed the rate increase requested by the state power company describing it as inconsistent with the recent announcement by the government to maintain a flat fee for 18 months. Costa Rica: Industry Complains about Electricity RatesDecember 2012 The Chamber of Industry opposed a rate increase by the Instituto Costarricense de Electricidad, citing lack of control in the state run company's expenditures. Industry Impact of Rising Electricity RatesAugust 2012 In Costa Rica the last three adjustments add up to more than 11%, which is well above the 4% inflation announced by the Central Bank.
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