While one candidate is willing to review the limits on private electricity cogeneration, and raise them from 15% to 30%, the other rejects the possibility of extracting natural gas due to its environmental implications.
In a meeting with companies in the Chamber of Industries of Costa Rica (ICRC), the two candidates who will go head to head in a second round of voting on April 1, shared their proposals to deal with issues of great importance to the industrial sector, such as electricity rates and the opening up of the electricity market, as well as the management of procedures in State institutions.
High electricity and fuel costs, outdated and inefficient border posts, and an educational system which is not aligned with market needs, are some of the complaints made to the Government.
On the positive side the union points to the balanced FTA negotiations with South Korea, the adoption of the Strategy for Services to Entrepreneurship and Innovation in the Development Banking System and adoption of 4 laws for the rationalization of pension schemes.
Companies that consume more than 1 million KWh / month in at least 10 out the 12 months of the year will be eligible to pay a rate approved by ARESEP of $0.10 for the medium voltage service.
From a statement issued by the Regulatory Authority for Public Services:
Lower electricity rates and skilled labor are the main factors attracting international companies to the east of the greater metropolitan area.
The cost of electricity is one of the differentiating factors in choosing to invest in the province of Cartago, since at this time, "... electricity rates or consumption of medium voltage are up to 60% lower compared to the Costa Rica Electricity (ICE), according to current rates published by the Regulatory Authority for Public Services (Aresep) in July 2015. "
The company founded on Costa Rican capital, Jack's Foods, has announced that within five years it will transfer 50% of its production activities to Nicaragua, El Salvador and the United States.
Industrialists have pointed to the fallacy of a report issued by the state power company detailing how their rates have dropped in the last year, and to which it was added that the next increase has already been scheduled for March.
From a statement issued by the Chamber of Industries of Costa Rica (ICRC):
The Chamber of Industries of Costa Rica has expressed concern about the information provided by the Instituto Costarricense de Electricidad over the weekend, about how the "Electricity rates fell by 9%" when in reality in March 2015 consumers will have to pay 12.5% more for electricity than they did a year ago or 9.8% on top of what they paid in February 2015.
Industrial production is becoming increasingly expensive in a country where the government seems to have no desire to lower electricitycosts and promote competitiveness.
From a press release issued by the Chamber of Industries of Costa Rica (ICRC):
The union for the sector is calling on the next government to review the management of the Instituto Costarricense de Electricidad and the creation of an Industrial Policy.
From a press release from the Chamber of Industries of Costa Rica (ICRC):
During its annual review and expectations for 2014, the Chamber of Industries of Costa Rica, ICRC said that this year the sector maintained behavior marked by ups and downs, which began with a clear recessionary trend, which was then reversed from April.
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