El Salvador: Electricity Rates Go Down 5%

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.

Wednesday, October 16, 2019

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).

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From the SIGET statement:

October 15, 2019. Superintendent Manuel Aguilar shared the good news with the population that the average price of the electricity tariff will experience a considerable reduction from this October 15, 2019 and will be in effect until January 14, 2020.

The result of the adjustment of the Energy Prices to be Transferred to Tariffs (PETT), will have a reduction of 6.17%, going from $143.82/MWh of the quarter corresponding to the period from July to September 2019 to $134.95/MWh in the quarter from October to January 2020. This implies a reduction of the average price to the final consumer of 5.16%.

Thermal generation contributed 32.8% of all the energy required, geothermal energy, produced from subsoil steam, injected 22.9%; the generation of the mills (biomass) had no contribution; hydroelectric generation contributed 20.0%, solar energy 3.4% and the net import of electrical energy had an injection of 20.9%.



More on this topic

El Salvador: Electricity Rates Down 10%

January 2020

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.

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.

Rising Electricity Rates in Guatemala

November 2019

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.

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.

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).

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