Household down electricity consumption by high rates

Using light houses edged up 0.07%; in the industrial sector increased by 0.50%

Low demand accounted ¢ 43,000 million shortfall in revenue ICE

May 30th, 2014

Slow economic growth and high rates led many households to turn off the light bulbs and light industries to less engines.

As a result of these measures, electricity sales measured in megawatt hours (MWh), grew only 1% in 2013, compared to 2012 placements.

The percentage increase is well below the 4% projected by the largest energy producer in the country, the Costa Rican Electricity Institute (ICE). Also away from the 3.67% reported in 2012.

"Low income shrank demand for electricity in the differential (3%) and profitability fell at the same rate," he acknowledged in late April, Teofilo de la Torre, who at that time presided over the Board of ICE.

According to data from the Regulatory Authority for Public Services (Aresep) in housing growth in electricity consumption last year was almost nil, 0.07%.

Meanwhile, the industrial sector rather had a decrease in demand closer to 0.50%.

For Juan Manuel Quesada, mayor of Energy ARESEP, a decrease in electricity demand may be because people consume less because it has a high price signal, or contraction of the economy.

"It may also influence energy efficiency; a consumer with the highest cost is more aware of the use, "said the mayor.

According to the industry, in 2013 the rates for the sector grew nearly 30% subtracting competitive companies.

Due to high prices, some companies enrolled in energy efficiency plans to lower bills, Sergio told Capon, coordinator of the House Energy Industries.

According to that entity, the companies participating in the programs achieved savings of up to $ 100,000 per year; 6,000 kilowatt hours (kWh) in the same period.

In addition, 2003 was characterized by low economic growth. Gross domestic product (GDP) reached only 3.5%. Such figure coincides with the monthly index of economic activity (MIEA), with close to previous December. This indicator measures changes in the physical production of goods and services.

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