Electric bills for business to go up by 38% in El SalvadorBusiness 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.Thursday, July 24, 2008
El Salvador President Antonio Saca says the difference between the real cost of energy and the amount the privat sector ccurrently pays has widened due to rising energy costs. Source: laprensagrafica.com ¿Busca soluciones de inteligencia comercial para su empresa?El Salvador: $42 million for Energy SubsidiesFebruary 2012 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 subsidy at risk in El SalvadorNovember 2008 Electricity companies announced that there will be an increase in energy rates if Cel does not fulfill its commitment to subsidize consumption. Works on the Central Hydroelectric plant begin in El SalvadorSeptember 2008 President Elias Antonio Saca will place the first stone for the El Chaparral central hydroelectric plant that will mark the formal start of construction. Saca pledges to maintain subsidies in El SalvadorApril 2008 The government of El Salvador will maintain subsidies on basic services while implementing an austerity plan to confront the nation's economic crisis, President Elías Antonio Saca said.
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