Guatemala: Subsidy Trims Further Investment in Electric DistributionINDE, the National Electrification Institute, has so far invested $521 million in a social electricity subsidy called Social Rate (“Tarifa Social”); such resources would be enough to build 200 kilometer of electric lines.Monday, May 10, 2010
Fernando Castro, INDE manager, explained that the institution will be able to apply the subsidy for two additional years before running into financing issues. $113 million will be spent in the subsidy on 2010. Source: prensalibre.com ¿Busca soluciones de inteligencia comercial para su empresa?Panama Withdraws Electricity Subsidy for Industry and CommerceJune 2015 From July 1st the Energy Compensation Fund will be eliminated and users who demand the most power will pay actual market rates. Panama: $35.8 million in Energy SubsidyJanuary 2012 The National Economic Council (CENA) has approved $35.8 million to subsidize the electricity tariff.
Costa Rica: Electricity Getting More and More ExpensiveSeptember 2011 Industrialist are alarmed by the growth of thermal power generation, which so far in 2011 has been greater than all the oil-based generation in 2010. Guatemala Extends Energy SubsidyMay 2010 The government of Guatemala will invest $14.52 million to lower the energy bill of those users consuming more than 300 kilowatts.
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