El Salvador: 13% Tax on Electricity ConsumptionBusinessmen have described as a "disguised tax" the decree by the Sanchez Ceren administration which adds a fee for social investment on to the energy rate .Wednesday, June 29, 2016
The decree states that the new charge of 13% within the tariff will begin on July 15 and notes that "... the charge for social investment will be part of the fees in the system, which are transferred to the entire electricity demand in the different markets managed by the Transactions Unit and will be calculated quarterly as a dollar value per megawatt hour, equal to 13% of the value of the average price of Transferable Energy rates corresponding to the previous quarter ". Source: elsalvador.com ¿Busca soluciones de inteligencia comercial para su empresa?El Salvador: Suspension of 13% Rise in ElectricityJuly 2016 The additional charge of 13%, considered by the business sector to be a disguised tax, has been suspended by the Constitutional Court. 15% Increase in Electricity Tariffs in El SalvadorJuly 2011 The new tariff approved by the regulator is effective from 12 July to 11 October 2011. El Salvador: Electricity Rate Up 8%January 2011 Starting Jan. 12 the electricity bill will increase between 8% and 8.4%. El Salvador: Electricity Will Cost 13% MoreFebruary 2010 Energy distribution company AES estimates it will raise fees by 13% at it next revision, in April.
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