Wednesday 20 January 2021

Aresep prepares a rate to allow households to pre-pay for electricity

Eventual new rate for electricity will depend on whether the subscriber has a smart meter

QCOSTARICA – The Regulatory Authority of Public Services (Aresep) announced this Wednesday that it plans to introduce prepaid electricity applicable to the residential sector.

The Instituto Costarricense de Electricidad (ICE) began installing the smart meters in mid-2019

With this new form of payment, for example, subscribers will be able to contract consumption a la carte for specific weeks or months. However, the use of this payment option will depend on whether the subscriber has a smart meter installed.

- Advertisement -

In this way, residential subscribers could better manage their consumption and spending, similar to that of prepaid phone service.

The regulating authority aspires that the prepaid electricity bill gives low-income or variable income residential users an easier way to organize their payments for the service, metered t cover their financial needs or possibilities.

The benefit for the utilities is to reduce losses due to delinquent customers because with the prepaid service, administrative and operating expenses of cut and service reconnection for non-payment would be eliminated; as well as legal processes for the recovery of delinquent accounts.

The proposal is contained in the rate study that Aresep officially proposed by the Instituto Costarricense de Electricidad (ICE), which will be discussed at the virtual public hearing to be held on December 7.

- Advertisement -

Aresep announced that the prepaid payment of electricity is a service that has been gaining strength in markets of other countries and is feasible to be used in all consumer sectors: residential, industry, and commerce.

By expanding to the commercial sector, owners of premises for rent will be able to avoid unpaid utility bills of their tenants who do not or cannot obtain their own billing account from the utility.

Aresep announced that the application of prepaid electricity in industry and commerce is still pending while modifications to the technical regulation of Supervision of the Commercialization of Low and Medium Voltage Electricity Supply (Sucom) are approved, which is in the public hearing process.

As of mid-2019, ICE and its subsidiary, the Compañía Nacional de Fuerza y ​​Luz (CNFL), had installed some 130,000 smart meters in their network. The other 285,000 meters were expected to be added by the end of the year.

At the end of 2018, the rural electrification cooperatives also announced a plan to swap out 250,000 old meters for the smart devices as part of an investment of around US$37 million dollars over five years.

The cooperatives are Consorcio Nacional de Empresas de Electricidad de Costa Rica R.L (Conelectricas R.L.) where Coopelesca R.L, Coopesantos R.L, Coopeguanacaste R.L and Coopealfaroruiz R.L.

- Advertisement -

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Gas companies must change cylinder valves, not users

QCOSTARICA - In some neighborhoods in the south of San José,...

Wind Farm in Guanacaste, Costa Rica

Image of the Planta Eólica Tilarán (PESA) - Wind Power Plant...

MOST READ

16,575 more vaccines arrived in the country to combat Covid-19

QCOSTARICA - The fifth batch of the Pfizer/Biontech vaccine arrived in Costa Rica Tuesday night, January 19. The 16,575 doses landed at 9 pm on...

“Chepito”, at 120, Costa Rica’s oldest gets vaccinated

QCOSTARICA - José Uriel de los Ángeles Delgado Corrales, known affectionately as "Chepito", at 120 and the oldest Costa Rican, received the first dose...

Government’s plan will increase the price of gasoline

Experts: Project to radically change the Recope, Costa Rica's oil refinery that refines nothing, will increase the price of gasoline. Among the changes proposed is...

Residency for People with Fixed Income (Rentistas)

QCOSTARICA -  If you, or your spouse, receive an income of at least US$2,500 USD per month (US$30,000 per year), individually, you could qualify...

Where to get a Covid test in Costa Rica

QCOSTARICA -  With the recent surge of countries requiring a negative PCR Covid-19 test, such as the United States and Canada, the most recent...

Couple created a mobile mini-supermarket on wheels to bring back the shopping experience to the elderly

QCOSTARICA - Taking their inspiration from the traditional fruit carts that still make their way through many neighborhoods in Costa Rica and their affection...

24,859 doses applied against covid-19 in three weeks of vaccination; second dose begins

QCOSTARICA - The Caja Costarricense de Seguro Social (CCSS) reports it has applied 24,859 doses during the first three weeks of vaccination against covid-19...

Costa Rica and Nicaragua Travel Guide

Q TRAVEL - The coronavirus pandemic has reduced the ease of traveling from one country to another. Though are fewer border restrictions now than...

Why do JLo’s vacation photos cause controversy?

Q MAGAZINE - Actress and singer, Jennifer López, went on vacation in the first days of the year to enjoy with her family, but...

Want to stay up to date with the latest?

We would love to hear from you! Please fill in your details and get updates daily in your mailbox. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.