Rising Electricity Rates in Guatemala

From 1 November, EEGSA users will have a 0.4% increase in their tariff compared to the price for the third quarter of the year, and for DEOCSA and DEORSA users the increase will be 2.2% and 2%, respectively.

Friday, November 1, 2019

The tariff adjustment approved by the National Electric Energy Commission (CNEE), will be paid by users from November 1, 2019 to January 31, 2020, requires an official report.

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In general terms it is possible to indicate that for the following quarter the tariffs show not very pronounced variations, derived from the behavior of certain variables that have a direct incidence on generation costs, informed the rector.

Explains the report that "... among these variables we have the case of thermal generation (fossil fuels), which has taken greater participation in the present quarter of costs transferred to tariffs (July - September) to the reduction of water generation by effects of the seasonality of the rainfall regime and the effects of drought that has been intensely affecting the region since last year, recording values of energy generated by hydroelectric less than the last 3 years."

The report adds that "... This has had an impact on the purchase costs of the Distributors, as well as on the SPOT price of energy in the Wholesale Market, which has increased by 16% if we compare these prices for the July-September 2019 quarter with those for the January-March 2019 quarter (graphs of the performance of these factors are attached), even under the effect of these contingencies, given the evolution of the energy matrix, which has alternative generation technologies of a renewable nature (wind, solar, biomass, etc.) it has been possible to reduce the impacts exposed above, since this alternative generation enables us to continue to rely on the electricity supply, within a margin of price stability, which attenuates abrupt variations in fuel costs, making generation cost levels controllable."

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More on this topic

Guatemala: Electricity Rates at the Beginning of 2020

February 2020

For the quarter from February to April, tariffs will remain stable because certain variables with a direct impact on generation costs do not show significant changes.

Between -0.01% and -0.03%, variations will oscillate for EEGSA, DEOCSA and DEORSA users, informed the National Commission of Electric Energy (CNEE).

Guatemala: New Rise in Electricity Rates Applies

August 2019

From 1 August, EEGSA users will have a 2.3% increase in their tariff compared to the price for the second quarter of the year, and DEOCSA and DEORSA users will have a 0.3% increase in both cases.

According to what is established in article 87 of the General Electricity Law Regulation, the National Electric Energy Commission (CNEE) is responsible for calculating the quarterly tariff adjustment, based on the difference between initially projected costs and the real costs of energy and power purchases made by distributors during the months of April to June 2019.

Guatemala: Rising Electricity Rates

April 2019

From May 1, EEGSA users will have a 6.2% increase in their tariff with respect to the price of the first quarter of the year, and DEOCSA and DEORSA users will have a 1.5% and 1.8% increase, respectively.

In general terms, it is possible to indicate that for the following quarter the tariffs show variations, resulting from the behavior of certain variables and components that have a direct incidence on the costs of energy purchase, explains a bulletin of the National Commission of Electric Energy (CNEE).

Costa Rica: High Cost of Electricity Reducing Competitiveness

February 2014

Employers are complaining that the cost of electricity is the factor which is pushing up production costs the most.

From a press release issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

"The cost of electricity is the factor that is pushing up production costs for companies in Costa Rica the most.

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