Nicaragua has the highest price of electricity in Central America

In Central America, Nicaragua has the highest level of inefficiency in the use of energy, and electricity prices which are about the region's average price.

Wednesday, September 17, 2008

In order to change this situation, they need to invest $40 million in the next 10 years so as to save 10% of the energy used, according to revelations in a report from the Inter-American Development Bank.
The report, released at the "Energy efficiency and competitiveness" Conference held in Sao Paolo, Brazil, by IDB president Luis Alberto Moreno, emphasizes that Latin America has to reduce the inefficient use of electric energy in order to lower the cost of said energy.

More on this topic

New Concessions and Energy Rates

June 2012

The Public Services Regulatory Authority of Costa Rica has approved seven new concessions for electric power generation.

A statement from the Public Services Regulatory Authority (ARESEP) reads:

Seven new electric generators in first half of year

• ARESEP authorizes concessions and sets rates

Prices of Electricity Generated by Private Companies

May 2012

The Public Services Regulatory Authority of Costa Rica has established the fees to be paid by the state distributor, ICE, to private generation companies.

As established by the Aresep, the lowest rate that the Costa Rican Electricity Institute (ICE) will pay will be $0.0798 (¢ 40.6) per kilowatt hour (kWh) and the ceiling will be $0.1363 (¢69. 5) per kWh, reported Nacion.com.

Panama: New Rules for Wholesale Electricity Market

July 2011

The regulator of the energy market has changed the way it calculates the cost of energy lost by power generators.

The National Authority of Public Services (ASEP), in Resolution 4581 of July 11, 2011, established that the energy "... that electricity generation companies lose will be paid based on the price established in contracts with distributors and the cost of the spot market, as practiced since 1998. "

Guatemalan Electricity Among the most Expensive in Latin America

April 2009

Electricity consumption rates are located in third place with $0.17 per kWh, surpassed by the Dominican Republic, $0.23 and Panama, $0.20.

According to the study by the Argentine consultancy Montamat, which evaluated the prices of 13 countries in Latin America, Edenorte in the Dominican Republic has the highest electricity rates, Edemet of Panama is in second place and Empresa Eléctrica of Guatemala, S.

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