Business leader blasts back at huge electricity hikes in Honduras

Honduran business leaders, as well as the population at large, have been alarmed at electricity tariff increases – imposed because of the surge in oil prices – that now total 120 percent.

Wednesday, May 14, 2008

Roberto Arturo Caballero, vice-president of the national small business association, Anmpih, said an additional problem was corruption in the state electricity company, Enee. "Before giving the people and industry a blow like this, Enee should have cleaned itself up first. Now we're all having to pay the price," Caballero said.

More on this topic

Serious Crisis for state-owned electricity company of Honduras

May 2012

International lending agencies have warned about the unsustainability of the company’s financial situation, whose losses have been described as "outrageous".

The situation of the national electricity company (ENEE in Spanish) has become almost "intolerable" for international organizations, admitted the manager of ENEE, Emil Hawitt.

Honduras: Thermal Energy Contract Denied

July 2011

The Honduran government has reaffirmed its decision that the country's energy matrix must be based on renewable sources, discarding the option of buying electricity generated from fossil fuels.

The former president of the Honduran Council of Private Enterprise (COHEP), Oscar Galeano had denounced the fact that the National Electricity Company (ENEE) signed a contract to supply 10 years of thermal energy, which was denied by the manager ENEE, Roberto Martínez Lozano, who said the government is committed to renewable energy

Honduras: Union Assumes Rescue of State Telecom Company

September 2013

With financial support from the Colombian Union of Energy Workers, ENEE employees could take over the company's distribution network.

The Union of Workers of the National Electricity Company (STENEE) has submitted to the Union of Workers of the National Power Industry (UTEN) of Colombia a technical and financial proposal for the development of a project called "Optimization of the distribution network to assure ENEE revenue".

Energy Costs Up 12.5% in El Salvador

March 2011

The increase is due to low rainfall and higher oil prices.

The new rates will take effect on April 12 and continue to be in force until July 12.

Abraham Bichara, president of AES El Salvador, said dry season forces hydroelectric plants to operate at minimum levels, increasing thermal generation, which is affected by higher oil prices.

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