Management by Costa Rica State Power Company ChallengedBusiness associations say the country needs a comprehensive law that allows greater participation and competitiveness of private generators.Wednesday, January 16, 2013
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. Source: Ddiarioextra.com ¿Busca soluciones de inteligencia comercial para su empresa?Costa Rica: 18% Increase in Electricity TariffNovember 2015 The union of private companies will be launching an appeal against the approval of the 18.6% increase in electricity rates by the National Power and Light Company (CNFL by its initials in Spanish). Costa Rica: Strong Opposition to Electricity Rates IncreaseDecember 2014 Employers have indicated that the increase of 13% in rates is unjustified and instead a reduction of 8% should be applied, considering variations in the exchange rate and generation capacity. Uncertainty in Electricity Future of Costa RicaNovember 2012 Delays in the construction of the large hydropower projects and increases in their costs are making the future level of electricity tariffs unpredictable. Reduced Competitiveness Because of Electricity RatesOctober 2012 On the increas since 2007, the current cost per kilowatt in Costa Rica is $0.13, 113% more than in the U.S. and 30% more than in Colombia and Mexico.
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