Honduras Needs More and Better Energy

Good quality electricity provided at a fair price is what the business sector needs, and it is demanding a more open market that facilitates the presentation of better offers by operators.

Tuesday, October 31, 2017

Currently the average price per kilowatt hour of electricity in Honduras ranges between $0.15 and $0.17, one of the highest in the region. An alternative to reducing these prices and improving the quality of energy is to facilitate the participation of more operators in public energy tenders, so that, as the businessman Jimmy Dacareth suggests, the "... the best offers that they may have" can be presented.

See "Central America: $1.2 billion in energy projects"

"... In the view of Fernando Garcia, executive director of the National Association of Industrialists (ANDI) 'having good quality energy at the right price' is a key issue to solving the problems in this area that have been dragging on for many years."

"... For Dacareth, you can not continue to swell generation with high costs, since the country needs to be more competitive and for this "it needs opening up to see who offers the best quality and quantity.' Therefore, the nation needs to seek more price stability, industrialists need a lot of energy but we need it at a price and quality that makes us more competitive, Honduras today, barely produces 30% of what it consumes and for that it it needs to stimulate the entire productive apparatus in order to minimize imports and make the country more self-sustainable and able to take advantage of international markets,' he added."

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