El Salvador Sells Power to Panama
CEL reported that in the months of July and August 80mV / h were exported to Panama.
Monday, November 1, 2010
In 2009 total sales amounted to $ 128 million.
The Executive Hydroelectric Commission of the Lempa River (CEL) will transfer this amount to finance subsidies for electric energy consumers using up to 200 kW.
Electricity rates fluctuate according to the levels of the reservoirs in hydroelectric plants, affecting price and competitiveness.
The country sold its neighbors 166.16 GWh in 2010-2011 and could export more when the Siepac comes into operation.
Business will soon pay 38 percent more for electricity in El Salvador. The private sector is negotiating with the government over the stages in which the increase will be applied as the subsidy is gradually eliminated.
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