Monday 21 June 2021

Costa Rica’s New Prices for Private Energy

panelsolarfullQCOSTARICA – A proposal has been made for the price per KW / h produced from wind and solar energy in private plants to be established according to a price band in which the maximum and minimum would be below current levels.

It is expected that in February the reform which aims to change the methodology for fixing the selling prices of solar and wind energy from private companies will be put to public consultation, with the goal of creating a more competitive range. This setting only applies to new companies since for existing ones specific prices have been established. reports that “… Public hearings will be held on 10 and 11 February via videoconference at the offices of the Regulatory Authority for Public Services (Aresep) Guachipelín Escazú, and the courts of Limon, Heredia, Ciudad Quesada, Liberia, Puntarenas Perez Zeledon and Cartago; in person, in the Parish Hall of Bribri, Limón. If approved the amendment would enter into force in mid-February this year. ”

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ARESEP spokeswoman Carolina Mora, added “… In the most recent sales of electricity made by these companies to the Instituto Costarricense de Electricidad, all of them quoted the floor price, therefore the floor will continue going down so that the Institute also has the option to buy from companies that remain in that band. ”


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