Honduras: Essential Opening Up of the Electricity Market

The private sector is once again insisting on eliminating the monopoly on the generation and distribution of energy, instead of bailing out the state run power company, making rates more expensive.

Thursday, May 28, 2015

Although the process to recapitalize the National Electricity Company (ENEE) is in progress, the recent increase in electricity rates has once again put on the table the discussion on the need to ensure competition in the domestic electricity market.

Emin Abufele, president of the Chamber and Industries of Cortés, "... suggests that the need to rescue the state power company financially is partly responsible for making energy prices higher, where the population has to pay its share of sacrifice in order to bail out the Enee, which is unfair because it makes people pay for the government's inefficiency in the energy field. "

He added that "... "With (trade liberalization) there will be increased competition and the user will be able to choose 'the provider that suits them, in a market which so far has been dominated by the monopoly of state-run Enee."

More on this topic

Honduras: Private Sector Calls For Energy Imports

August 2014

The guild is demanding the government to open up the market in order to allow companies to buy energy from abroad and reduce dependence on state power supplies.

The private sector is seeking to solve the energy crisis in Honduras by asking for regulation to be made flexible in order to allow direct import of energy for companies.

Honduras: More Costs for Industry

June 2014

Raising electricity rates is one of the measures the government is planning in order to improve public finances in the context of a negotiation for a new agreement with the IMF.

The National Association of Industrialists (ANDI) expressed concern about the effect that a possible increase in electricity rates could have on the competitiveness of the sector and called for the need to address the impact of the crisis in the National Electricity Company (ENEE) on state finances in a different way.

Honduras: Opposition to New Energy Bill

February 2014

The opening of the electricity market is generating opposition from unions and employers whose interests will be affected by deprivatization.  

Some Honduran entrepreneurs and unionists disagree with the government sanctioning the General Law on the Electricity Industry. They are asking for it to be reformed, because they are worried about the deprivatization of the electricity market.

Management by Costa Rica State Power Company Challenged

January 2013

Business associations say the country needs a comprehensive law that allows greater participation and competitiveness of private generators.

The Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP) predicts sharp increases in electricity rates, and points to inefficiency in the management of the Instituto Costarricense de Electricidad (ICE), as the monopoly responsible for satisfying the country's demand for electricity.

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