A Dominican company dedicated to providing consulting services, preventive and predictive maintenance on electrical systems in the energy, industrial and commercial sector
Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (809) 540-8598 - (809) 540-8599
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.
In Costa Rica, electricity rates have doubled in the last four years, and now industrial electricity is cheaper in the U.S. and Europe.
Costa Rica’s Chamber of Industries (CICR in Spanish) is asking the Public Services Regulatory Authority (ARESEP in Spanish) to rationalize the 22.75% increase in electricity rates imposed by the Instituto Costarricense de Electricidad (ICE).
A Fitch report blames high regulatory risk as the main problem for regional private investment in generation and distribution of electricity.
Executive Summary of Fitch´s Special Report on the Power Sector of Central America and the Caribbean:
The electricity sector in Central America and the Caribbean reflects a strong link with regional government’s performance due to socio-economic and regulatory aspects which characterize these countries.
To satisfy growing energy consumption, the energy sector would require $9 billion in investment in the next 10 years.
The Chamber of Industry was summoned to the Legislative Assembly to participate in the discussion of the new Electricity bill. They explained the need for a new energy model in the country, based on three pillars, described by Marco Meneses, president of the Chamber, as: Competitive Prices, Quality and Secure Supply.
In 2009, 61% of all energy produced in the region came from renewable sources.
ECLAC published its report on electricity consumption and production in Central America, including final statistics for 2009.
-In total, the region produced 39,535.1 GWh, of which 30,384 GWh were sold on the regulated market to 7.9 million customers reporting revenues of $ 4,721 million.
The General Regulator, Fernando Herrera approved the increase of 9.4% in ICE's electricity services yesterday.
The increase will be reflected differently depending on usage and time of year. This means that during low season, (June-Dec) the average family will pay 1,150 colones more for 250 kwh