Wednesday, 30 September 2020

Costa Rica Electric Rate Reduction Announced

The reduction is due to the country's clean electricity production that already reaches 98.85% this year.

Between this month and January 2020, the state power company, the  Instituto Costarricense de Electricidad (ICE), expects to reduce rates by more than 10% in regions such as Limón, Zona Sur, Pacífico Central, sectors of Guanacaste and the Greater Metropolitan Area (GAM).

The first reduction, of 2.8%, has been in force since October 1 and is explained by the fall in thermal backup consumption, ICE reporting using less bunker or diesel fuel than projected in its plants.

The official statement explains that on January 1, 2020, ICE expects the approval for further reductions, using a new methodology called “Costo Variable de Generación (CVG)” that will lead to further reductions, due to the country’s clean electricity production that already reaches 98.85% this year.

- paying the bills -

“The low in the price of electricity to ICE subscribers will help people and the economy,” said President Carlos Alvarado.

 

Want to save on your electrical bill? Take into account that the ICE subsidiary, CNFL, uses variable rates for the consumption in residential use. The lowest rate period is between 10:00 pm and 6:00 am

Click here for the current rates.

- paying the bills -

Click here for all rates (residential, commercial and industrial).

 

Rico
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

Reduction in electricity rates could be around the corner

(QCOSTARICA) The possibility of a significant reduction in electricity rates in...

Electricity rates drop nationally between 1% and 5% expected in October

(QCOSTARICA) Starting in October, homes and businesses in Costa Rican homes...

MOST READ

Beers drunk at home don’t taste the same

(QCOSTARICA) It's the weekend but it doesn't feel it anymore because the pandemic took away the weekend outings for a beer - a cerveza...

COVID-19 Costa Rica: 1,400 new cases for Sept 24; Country nearing 70,000

(QCOSTARICA) For Thursday, September 24, 2020., Priscilla Herrera, medical manager at the Ministry of Health, reported 1,400 new cases of COVID-19 in Costa Rica,...

Playa Hermosa becomes the first World Surf Reserve in Central America

(QCOSTARICA) After a close competition in which the best waves from all continents participated, Playa Hermosa de Garabito, Puntarenas, was designated as the most...

Moments of anguish and terror after a pickup truck caught on fire at Escazu tolls

(QCOSTARICA) It was almost like watching a movie. Full of suspense and terror when a pick up truck catches fire, then rolls backward towards...

Brazil: Rio postpones Carnival over coronavirus

(Q24N) Rio de Janeiro's world-famous Carnival parade will not take place in February 2021 due to the coronavirus pandemic, officials announced Thursday. "We came to...

Chirripó Park once again welcomes tourists in search of fresh air and cleansing the mind

(QCOSTARICA) Starting in October, the Chirripó National Park will once again receive tourists who await landscapes of starry skies, silent mountain sunrises and fresh...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

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.