Electricity tariffs Energy Rates Public Services Tariffs Increased rates Electricity energy Competitiveness Carlos Montenegro Costa Rican Chamber of Industries Costarican Institute of Electricity Electricity market Empresas Eléctricas Municipales Industry National Electrification Institute (Guatemala)

Costly State Power Inefficiency in Costa Rica

Industrialists have petitioned the regulatory authority to lower electricity rates and rules in order to prevent uncontrolled spending on fuel for generation.

Tuesday, September 3, 2013

From a press release by the Chamber of Industries of Costa Rica (ICRC):

Chamber of Industries claims that problems related to the ICE's operational efficiency are making electricity rates soar.

• Industrialists question unnecessary spending of over ₡17 billion on electricity generation.
• ICRC files for an ordinary rebate on electricity tariffs with ARESEP, confident that the institution will convene a public hearing.

September, 2013.

Given the high costs of electricity that Costa Ricans users have suffered in the past year, the Chamber of Industries of Costa Rica, ICRC is taking action on the matter and asking the ARESEP for a reduction of 11% in electricity rates for the last quarter, and to lay the foundation for efficient spending to be made in the generation and distribution of this public service.

¿Busca soluciones de inteligencia comercial para su empresa?

Goods

Electricity

Countries

Costa Rica

Insight

Tariffs Electricity tariffs Increased rates energy Rates Public Services Energy

Cost of Electricity in Costa Rica: It Never Rains But it Pours

February 2015

Industrialists have pointed to the fallacy of a report issued by the state power company detailing how their rates have dropped in the last year, and to which it was added that the next increase has already been scheduled for March.

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

Costa Rica: Strong Opposition to Electricity Rates Increase

December 2014

Employers have indicated that the increase of 13% in rates is unjustified and instead a reduction of 8% should be applied, considering variations in the exchange rate and generation capacity.

From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

Costa Rica: More Hikes in Electricity Rates

September 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.

From a press release issued by the Chamber of Industries of Costa Rica (ICRC):

Costa Rica: Cost of Electricity Doubles That of U.S.

January 2014

The price paid by Costa Rican industry for electricity consumption is 41% higher than in the European Union and 259% higher than in the U.S.

Industry has expressed its anger against the rising cost of electricity as it is making production more expensive and exports are becoming less competitive against rival markets where energy is cheaper.