Electricity rates will increase between ¢1 and ¢4 kilowatt hour in the coming days, announced the on Wednesday the Autoridad Reguladora de los Servicios Públicos (Aresep).
María Angélica Carvajal, spokesperson for the Aresep, explained the adjustment relates to an increase use of fuels during th dry season.
The percentage increase for each utility is as follows:
The variable cost of fuel is applied quarterly. The Aresep has projected that electrical rates increase during the first two quarters of the year and decline in the third and fourth.
Costa Rica relies on hydroelectric generation during the rainy season, increasing the use of carbon fuels to generate power during the dry season.
The rise in electrical rates follows an increase in fuel prices of ¢24 and ¢28 colones per litre approved by the Aresep on Monday.
Both increases have to be published in La Gaceta, which is expected in the coming days, before they can take effect.
