Guatemala: Adjustment in Electricity Rates

For the quarter from May to July 2020, EEGSA users will have a -1.9% drop in their tariff compared to the price of the first quarter of the year, and for DEOCSA and DEORSA users the increase will be -0.5% and -0.6%, respectively.

Wednesday, May 6, 2020

Generally, it is possible to indicate that, for the following quarter, tariffs show a stable scenario with downward variations, derived from the behavior of certain variables that have direct incidence on generation costs, informed the National Commission of Electric Energy (CNEE).

The report states that "... Among the variables that have had a favorable impact on the stabilization of the purchase costs of the Distributors, we have the SPOT price of energy in the Wholesale Market, which has remained stable with respect to the values of the previous quarter (Graphs of the behavior of said factors are attached); on the other hand, the exchange rate, except for some atypical values, has remained stable during the period of analysis, which contributes positively to the observed behavior of generation costs.

The variations in oil derivative fuel prices (currently since March there is a downward trend in the prices of such fuels) could have some minimal incidence in the next quarters given that their participation in the total generation fleet of the system has been considerably reduced in the last few years due to the diversification of the energy matrix. In this context, it is important that progress continues to be made in this diversification and the development of generation projects with natural resources, in accordance with the 2013-2027 Energy Policy established by the Ministry of Energy and Mines.
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See full report.



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).

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.

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).

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