El Salvador: Electricity Rates Down 10%

Between January 15 and April 14, 2020, the electricity tariff will decrease by an average of 5% compared to the price reported in the previous quarter.

Wednesday, January 15, 2020

The contribution of renewable energy registered a significant increase in the system, reaching 67% of the injections in the Wholesale Market in the last quarter, while in the previous quarter it was only 46%, being this the main reason behind the reduction in the tariffs.

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From the SIGET statement:

January 15th, 2020. The Superintendent of SIGET, engineer Manuel Ernesto Aguilar, announced to the Salvadoran population that as of this Wednesday, January 15, 2020, the price of electric energy will experience a significant reduction and will be in effect until April 14 of this year.

The head of SIGET said that the result of the adjustment of Energy Prices to be Transferred to Tariff (PETT) will have a 11.62% decrease.

This means a reduction in the average price to the final consumer of 9.74%, which implies a relief to the pocket of all families in El Salvador.

In the last three months, thermal generation had a contribution of 15.14% of the energy required, geothermal energy injected 23.43%, in November began to work the mills (Biomass) producing a total of 8.62% of energy, hydroelectric generation had a contribution of 31.08%, solar energy injected 3.9% and net energy imports injected 17.83%.

Read full statement (In Spanish).

More on this topic

El Salvador: Electricity Rates Go Down 5%

October 2019

Between October 15, 2019 and January 14, 2020, the electricity tariff will decrease 5% on average with respect to the price reported in the previous quarter.

The new average price per MW hour (MWh) is $134.95, which is 5.16% lower than the one reported last quarter when it reached $143.84 MWh, informed the General Superintendence of Electricity and Telecommunications (SIGET).

Energy Tariff Increase Applies

July 2019

A 3% increase in the cost of electricity came into effect in El Salvador on July 15, when the rate per megawatt hour rose from $139.77 to $143.82.

The decision to increase the tariff was taken because of the lack of rain, which in the last quarter has led to a decrease in hydroelectric power generation. Added to this, the participation of the sugar mills, which generate electricity from sugar cane bagasse, was reduced.

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).

El Salvador: Electricity Rates Drop 20%

April 2015

From April 15th to July 14th the average electricity tariff will be reduced by 20% due to the drop in oil prices and the diversification of the energy matrix.

From a statement issued by the Superintendency of Electricity and Telecommunications (Siget):

The Superintendency of Electricity and Telecommunications (SIGET) wishes to make known to the Salvadoran population that once again an important and significant reduction was recorded in the prices of electricity corresponding to the adjustment of electricity tariff schedule, which will apply from Wednesday April 15, 2015 and will be in effect until July 14 this year.

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