For the period from February to April 2021, Deocsa and Deorsa users will be subject to a 1.5% increase in the price of electricity, and for Eegsa customers the increase will be 0.4%.
According to the National Electric Energy Commission, in general terms, it is possible to indicate that for the following quarter the tariffs will show slight variations derived from the regular behavior of macroeconomic variables that have a direct incidence on the costs transferred to tariffs.
For the period from November 2020 to January 2021, Deocsa and Deorsa users will be charged an increase in the price of electricity of 1.5% and 1.6%, respectively.
In general terms, it is possible to indicate that for the following quarter the rates show minimal variations derived from the regular behavior of macroeconomic variables that have a direct incidence on the costs transferred to the rates, informed the National Commission of Electric Energy (CNEE).
For the period from October 15, 2020 to January 14, 2021, the price of electricity in the country will rise an average of 14% over the previous quarter.
The main factor that affected the adjustment was the increase of more than 67% in the average international price of oil, an upward variation that impacted energy prices in the System's Regulatory Market and especially in the prices of Long Term Contracts, informed the General Superintendence of Electricity and Telecommunications (SIGET).
The authorities announced that a 3% reduction in the price of electricity will be applied as from July 1st, a reduction that would be not enough in the current context of tariff increases.
The Government informs that as of July 1st of this year 2020, Nicaraguan families will enjoy a 3% reduction in electricity rates, which in addition to benefiting the users of the energy service, contributes to guarantee the technical and economic stability of the Electricity Sector, says an official statement.
After Congress banned electricity distribution companies from disconnecting their services, in Guatemala the payment of energy provided by generators is in danger and the authorities assure that they are not contemplating temporarily financing the costs.
In the context of the health and economic crisis generated by covid-19, the deputies of Congress approved and published Decree 15-2020, which prohibits cuts in water, electricity, cable TV, telephone and Internet services during the state of calamity and its possible extensions.
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.
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).
In a context of health emergencies and falling oil prices, Nicaraguan businessmen are asking the government to take advantage of market conditions and reduce electricity rates by 15 to 20%.
For the Superior Council of Private Enterprise (Cosep), the advantage of buying and storing oil derivatives for electricity generation as soon as possible should be evaluated, and thus taking advantage of the historical lows in the prices of these products.
In contrast to the measures taken by some neighboring countries, the government reported that at the local level, charges for water, electricity, Internet and telephone services will not be suspended.
Authorities argued that at the moment it is not possible to postpone payments, as few basic services are provided by the government in the country.
Ebal Diaz, Secretary of State, told Laprensa.hn that "...
As part of the measures to mitigate the effects of the covid-19 crisis, the government decreed a 30% reduction in the tariff for customers consuming between 301 kWh and 1000 kWh.
The measure will grant a 50% reduction in electricity rates to customers consuming from 0 to 300 kWh, which represents about 70%, reported the National Public Services Authority (Asep).
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).
Between January 15 and April 14, 2020, the electricity tariff will decrease by an average of 5% compared to the price reported in the previous quarter.
The contribution of renewable energy registered a significant increase in the system, reaching 67% of the injections in the Wholesale Market in the last quarter, while in the previous quarter it was only 46%, being this the main reason behind the reduction in the tariffs.
Arguing that there is a risk that energy transactions in the region will become more expensive, Guatemalan businessmen are asking the outgoing government to refrain from approving or signing reforms to the Central American Electricity Market Framework Treaty.
Because on January 10 the discussion is programmed within the Director Council of the Regional Electric Market of Central America (CDMER), the subscription of the Third Protocol, which would reform the Framework Treaty of the Electric Market, the private sector of Guatemala has issued an alarm before any change in the regulations, since it could cause increases in the prices of energy transactions or generate negative effects in the Guatemalan market and its interconnection with Mexico.
Honduran businessmen agree that the constant increases in electricity rates are making the country less attractive for investment.
The Honduran Electricity Regulatory Commission (Cree) announced a few days ago that by the beginning of 2020 there will be an average increase of 2.9% in the price of electricity.
As a result of the debt that the National Electric Energy Company has with the generators, the business sector fears that in 2020 there will be rationing in the supply of electricity.
For the Honduran Council of Private Enterprise (Cohep), it urges that the Honduran government cancel the debt to the power generators, which totals about $568 million. If the obligations are not paid, severe service rationing could be reported in the middle of next year, according to productive sector forecasts.
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.