Electricity Rates Upwards

In Guatemala, the upward trend shown by tariffs in 2018, because of the 10% drop in hydroelectric generation and the increase in production with coal and oil derivatives, could continue this year.

Monday, January 28, 2019

The National Commission of Electric Energy (CNEE) reported that last year energy tariffs increased between 5% and 7% in the three largest distributors: Eegsa, Deocsa and Deorsa.

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For the regulator, the behavior is because of aspects such as the decline in hydroelectric power generation, the substitution of that generation with coal and oil, the rise in international prices and the exchange rate.

The upward pressure on the price of electricity continues because according to CNEE authorities, the factors that influenced 2018 are expected to continue in the coming months.

The president of the Commission, Minor Lopez, indicated that "... The behavior for the generation 'is impacting the tariffs because the distributors are recognized the cost of the market. This reflex is going to occur for two more quarters, but is looking for ways to mitigate.

Regarding the difficulties faced in hydroelectric generation, Anaité Guardado, executive director of the Association of Renewable Generators explained that "... the behavior of rain is being affected by the conditions of climate change. Unlike 2017, 2018 was not very rainy, but last year there were times of prolonged droughts."

More on this topic

Controversy Over Electricity Tariffs

July 2019

In Guatemala, the distribution company Energuate appealed the resolutions of the National Commission of Electric Energy, arguing that the losses because of social conflict were not considered in the authorized tariffs for the next five years.

The controversy began after the National Commission of Electric Energy (CNEE) approved the Non-Social Tariff and Social Tariff Sheets for the 2019-2024 period, which stipulate the final prices of electric energy service for users of Distribuidora de Electricidad de Occidente S.A. -DEOCSA- and Distribuidora de Electricidad de Oriente S.A. -DEORSA-. See CNEE newsletter.

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).

Guatemala Consumes More Renewable Energy

September 2018

In the last ten years the use of renewable energy has doubled in the country, and currently sources of generation of this type represent between 65% and 70% of national consumption.

According to the authorities at the National Electricity Commission (CNEE), the stability that has been achieved in electricity rates and the lower dependence on oil derivatives, is due to the fact that the country is consuming more energy generated through renewable sources. 

Energy Emergency in Costa Rica

March 2013

Costa Rican business associations are asking the government to declare an emergency in the power sector because of the sustained increase in the costs of fuel for generation.

According to an article on Radioreloj.co.cr the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP), has asked the government to declare emergency over the power issue, noting that "...

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