Businessmen have described as a "disguised tax" the decree by the Sanchez Ceren administration which adds a fee for social investment on to the energy rate .
The decree states that the new charge of 13% within the tariff will begin on July 15 and notes that"... the charge for social investment will be part of the fees in the system, which are transferred to the entire electricity demand in the different markets managed by the Transactions Unit and will be calculated quarterly as a dollar value per megawatt hour, equal to 13% of the value of the average price of Transferable Energy rates corresponding to the previous quarter ".
The union of large energy consumers has voiced its opposition to the 25% increase which the state run electricity company,CNFL, intends to apply on rates.
Two months after unsuccessfully requesting an increase of 36% from the Services Regulatory Authority, the National Power and Light Company (CNFL by its initials in Spanish) has not given up and has again started the application process, this time to raise fares by 25%.
Industrialists are opposed to the 26% increase approved for the province of Cartago, one of the most important industrial areas and up until now the one with the lowest electricity rates.
The Chamber of Industry states that the increase will affect the competitiveness of companies operating in the area, where manufacturing and industrial production companies predominate. The hitherto competitive electricity tariff was one of the factors taken into account by the companies that decided to set up their operations there.
Industrialists have pointed to the fallacy of a report issued by the state power company detailing how their rates have dropped in the last year, and to which it was added that the next increase has already been scheduled for March.
From a statement issued by the Chamber of Industries of Costa Rica (ICRC):
The Chamber of Industries of Costa Rica has expressed concern about the information provided by the Instituto Costarricense de Electricidad over the weekend, about how the "Electricity rates fell by 9%" when in reality in March 2015 consumers will have to pay 12.5% more for electricity than they did a year ago or 9.8% on top of what they paid in February 2015.
The government aims to update the $6 a year license for concessionaires of radio and television frequencies which has been in effect since 1954, while employers fear a reallocation of spectrum.
The draft bill proposes an increase in the rates for radio and television based on the number of frequencies held by the concessionaire, the type of coverage, the use to be given and the type of diffusion, national or rural. Currently a maximum of $5.60 is paid per year for one band and concessions arel automatically extended as long as tax payments are up to date.
Electricity distribution companies will receive about $300 million less in state subsidies leading them to foresee an increase in rates which will affect the productive sector.
The State will compensate only the Chiriqui electricity distribution company (Edechi) with $27 million and the electricity distribution company Metro-West (Edemet) with $38 million, ceasing to give subsidies to the company Ensa.
The private sector is asking the government to repeal the new tariff schedule in the ports of Quetzal and Santo Tomas de Castilla, saying it there is no justification for it and the competitiveness of ports is deteriorating.
According to employers, the increase is not only unwarranted, but also directly impacts the cost structure of firms, which end up passing on the prices increases to end consumers.
With the increase in rates in Guatemalan ports, exporters are demanding more value added and efficiency in the service of moving containers.
From a statement issued by the Guatemalan Exporters Association (AGEXPORT):
The Guatemalan Exporters Association, -AGEXPORT- requests that port authorities ensure there are improvements in service ports and wants to know which investments justify the increase to the rates at Puerto Quetzal, which became effective on October 16, and in Puerto Santo Tomas, which will take effect on November 1.
The company DHL has announced that starting January 2015 that the average increase in prices in Guatemala, Costa Rica and Panama will be 4.9%.
From a statement issued by DHL:
DHL Express, provider of the world's leading international express services, today announced an overall increase in average rates globally, effective from January 1, 2015. The average increase in prices in Guatemala will be 4.9% (also applicable to Costa Rica and Panama).
Tuition and enrollment fees of 43 private educational institutions teaching Pre-school, Primary, PreMiddle and Middle (Bachelor).
The Authority for Consumer Protection and Antitrust, ACODECO, has carried out a non-probability sampling trial, which is based on a list of 43 private colleges who were sent note to invite them to participate in a survey which is carried out annually on registration and tuition fees of private schools in the City of Panama.
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A Dominican company dedicated to providing consulting services, preventive and predictive maintenance on electrical systems in the energy, industrial and commercial sector
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Operates in Guatemala
Phone: (502) 5819-8166 - (502) 2260-3103