Shock and Awe: Electric Rates Rising

April 11, 2008

Residential electricity rates will rise an average of 11% to 41%, according to the Public Services Regulatory Authority (ARESEP).

Fernando Herrero, the regulator general, cited increased demand for electricity, a recent reduction in hydroelectric generation capacity, and the rapid rise of petroleum prices among the reasons for the higher rate of increase this year.

Residential users who consume 200 kilowatt-hours per month of electricity will see an average increase of 11% in their bills.

Users of between 200 and 300 kwh will see a 14% increase, and consumers of more than 300 kwh will be dinged with a 41% increase. Rates for factories will go up 22%.

“There is no more cheap electricity,” Herrero said.

The new rates take effect in mid-April.

 

You may be interested

Costa Rica’s snakebite research pioneers save lives worldwide
Changemakers
101 views
Changemakers
101 views

Costa Rica’s snakebite research pioneers save lives worldwide

Mitzi Stark - May 23, 2018

The Clodomiro Picado Institute is spread along the main road of Dulce Nombre de Coronado, northeast of San José. Its…

Adaptive surfing, part II: The story of Dean Bushby
sports
210 views
sports
210 views

Adaptive surfing, part II: The story of Dean Bushby

Ellen Zoe Golden - May 22, 2018

A three-part look at adaptive surfing in Costa Rica. Read Part I here to learn how a Central Pacific coach is…

Costa Rica launches Pride Connection network
Human rights
267 views
Human rights
267 views

Costa Rica launches Pride Connection network

Elizabeth Lang - May 22, 2018

As Costa Rica continues to grapple with the disagreements about marriage equality and gender identity that dominated the second round…