Honduras orders new rise in electricity tariffs
A second increase in electricity tariffs programmed for the end of this month will bring to 50 percent the increase in bills paid by Honduran consumers.
Wednesday, May 7, 2008
President Manuel Zelaya's government has imposed the increases as part of its agreement with the International Monetary Fund. The increases will be weighted toward those who consume most; just over half of all consumers, the 3 million poorest, will continue to receive government subsidies.
Spain's Unión Fenosa is to increase electricity tariffs immediately by 1.66 percent – a move that seems sure to further strain its already tense relations with the government.
A 1.6 percent increase in electricity tariffs was approved by the Nicaraguan Energy Institute (INE).
Bus fares in Costa Rica will be raised Monday ahead of fuel-price increases set for the following day, the public-service regulator, Aresep, reported.
The second state run electricity company of Costa Rica aims to increase its rate of generation to a level two and half times higher than that of the ICE, the main electricity company in the country.
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