New electric transmission rates in Guatemala

The National Electric Energy Commission established new rates for energy companies that are in charge of offering the electric transmission toll service.

Wednesday, January 14, 2009

Prensalibre.com reports that "Said costs will be transferred to consumers who are charged for the service on a monthly basis by the distributing companies.

The final consumer will see the new charges on their bills starting in May, while big consumers will see it in January."

More on this topic

Guatemalan Energy Rates Hike Hangs in The Balance

May 2010

An increase in energy prices, effective since May 1st, was nullified by a court ruling.

The Second Civil Court, head by judge Norma Eugenia Fratti, ruled in favor of two “recursos de amparo” (appeals for legal protection on grounds of violation of rights and liberties), introduced by Human Rights Defender Sergio Morales.

Guatemala: Energy Distributors Increase Rates

April 2010

Some 157.000 clients of Municipal Electric Companies (EEM), will see their electricity bills increased by between 40% and 60%.

This hike is a result of higher prices charged by INDE, the National Electrification Institute. The price of an energy contract after May 1st is 85% more expensive than current contracts.

Electricity Rates Up 15% in Guatemala

January 2010

The cost of non-subsided electricity will increase 15% on February 1st.

Carlos Meany, minister of Energy, explained that the increase will only affect users who consume more than 300 kilowatts a month.

"The increase is in response to lower hydroelectric generation, caused by a shortage of rain, and increases in the price of petroleum", reported Prensalibre.com.

Cost of Electricity Could Double

May 2009

A Guatemalan court held that EEGSA electricity company was right in its claim, which would raise the cost of a kilowatt from $0.16 to $0.25.

If this ruling is confirmed in superior courts, the increased cost of production would be inaccessible for many businesses.

Carlos Colom Bickford, president of the CNEE, told Elperiodico.com.gt: "We are extremely surprised and troubled by the decision in favor of EEGSA, but we filed an appeal before the Constitutional Court to correct the resolution."

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