Electricity Costs Down 12% in El Salvador

Electric power fees will be reduced between 10% and 12% starting October 12th.

Tuesday, September 22, 2009

The exact reduction will be known by the end of the month, after the fee adjustment process for April-September 2009.

This was reported by the Electricity and Telecommunications Superintendence (Siget), and electric power company AES, who added that "these adjustments are done every six months, on April 12 and October 12 of each year".

More on this topic

El Salvador: Electricity Rates Drop 20%

April 2015

From April 15th to July 14th the average electricity tariff will be reduced by 20% due to the drop in oil prices and the diversification of the energy matrix.

From a statement issued by the Superintendency of Electricity and Telecommunications (Siget):

The Superintendency of Electricity and Telecommunications (SIGET) wishes to make known to the Salvadoran population that once again an important and significant reduction was recorded in the prices of electricity corresponding to the adjustment of electricity tariff schedule, which will apply from Wednesday April 15, 2015 and will be in effect until July 14 this year.

Industry Impact of Rising Electricity Rates

August 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.

A statement from the Chamber of Industries of Costa Rica reads:

Increased electricity rates well above inflation

• Three increases have been declared so far this year.

15% Increase in Electricity Tariffs in El Salvador

July 2011

The new tariff approved by the regulator is effective from 12 July to 11 October 2011.

Bolinaga Miguel, chief executive of the Superintendency of Electricity and Telecommunications (Siget) noted that the increase, which is 2% higher than that which was applied in the period of April 12, 2011 a 12 July, is due to high oil prices and the late start of the rainy season.

Salvadoran Electric Companies Want to Adjust Rates Each Quarter

May 2010

Energy distribution companies have requested to adjust electricity rates every three months instead of every six.

They presented their proposal to Siget, the Electricity and Telecommunications Superintendence. They argue it will promote savings, ease consumption planning and improve the quality of service.

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