ARESEP approves reduction in electricity rates

Applies to all energy distributors in the country

Members of the 'Compañía Nacional de Fuerza y Lyuz'  have stronger reduction

September 23,2013

The Regulatory Authority for Public Services (Aresep) approved a reduction in electricity rates for all dealers ranging between 7.23% and 19.48%.

In the case of the Costa Rican Electricity Institute (ICE) was approved reduction of 13.6%.

The reduction will take effect on October 1 and will run until December 31.

The adjustment reflects the application of the methodology for calculating the "Fuel Variable Cost" where you consider the expense of fuel consumption for thermal generation plants ICE.

This methodology includes the effects of the dry and rainy season, which, the first two quarters of the year, electricity prices are high, while in the second half down, because not so dependent on thermal generation.

Thus, the setting for families monthly consume 200 kW would be 13.6% for the ICE, 19.48% in CNFL; Jasec 14.08%, 18.42% for ESPH, 7.23 % in Coopelesca; Coopeguanacaste 15.79% in the case of the reduction Coopesantos is 9.4% and 16% Coopealfaro Ruiz.

Source:"La Nación".


ARESEP proposes minimize the electric rates

September 10,2013

The Regulatory Authority for Public Services (Aresep) public consultation yesterday sent a reduction in electricity services from different providers that service in the country.

These rebates range between 5.9% and 16.6% per month.

If the reduction is approved, who will receive electricity from ICE 13.7% a reduction in your bill. Customers of National Power and Light (CNFL) pay 16.6% less.

In addition, the Electrical Services Administration Board of Carthage (Jasec) should charge 14.3% less, the Public Service Company of Heredia (ESPH) Coopelesca 15.6% and 5.9% less.

Meanwhile, 13.3% charge CoopeGuanacaste least Coopesantos Coopealfaroruiz 9.2% and 13.22% less.

How much money does this mean? For example, a family that consumes 200 kilowatts per month and now pay between ¢ 14,200 and ¢ 17,600 per month, these recesses mean a relief pocket between ¢ 1,200 and ¢ 2,600 under the bill.

If approved these new rates would come into effect on 1. ° October ARESEP reported.

The reasons. This rebate request must be the quarterly adjustment in rates of electricity generation.

This adjustment is based on a formula called Methodology Variable Fuel Cost.

This formula recognizes expenses on purchase of oil required for power generation in the country.

In the first months of the year, the country invested in the purchase of fuel for electricity generation ¢ 62.367 million. That represented almost double what was projected by the Regulatory Authority of Public Services (Aresep) for that semester: ¢ 35.641 million. At that time, thermal generation increased by 51%.

Now ARESEP believes that this time of year is not necessary fuel generation because the rainy season enters its most intense months, then applies a proposed rebate.

The ARESEP receive positions and views on the subject until 17 September. Subsequently, analyze to see if any change comes in the proposal.

Source:"La Nación".


Reductions in electricity tariffs will be govern from the next week

The downgrade is due to the methodology that is based on fuel costs used for generation

The rates governed by the next three months

June 28,2013.

Electricity rates will experience a downgrade from the other week , announced the Regulatory Authority for Public Services (Aresep).

This decrease is due to the methodology extraordinary variations in the cost of fuel used in thermal generation, which states increases in the first two quarters of the year and sales for the last two.

The fit to govern from July to September this year in service fees in the case of the Costa Rican Electricity Institute will ¢ 4 in the first 200kWh going from 92 ¢ to 88 ¢ for each additional kWh would increase from ¢ 165 to ¢ 159.

In the case of National Power and Light rate in the first 200 kWh will increase from 79 ¢ to 77 ¢ for each additional kWh rather have an increase going from ¢ 116 to ¢ 118.

Other electricity distribution companies that provide service in our country as Jasec, ESPH Coopelesca, Coopeguanacaste, Coopesantos and Coopealfaro Ruiz, also experience reductions.

Source: "La Nación".



ICE electric bills will be reduced between 7% and 9%

Adjustments will apply from July

May 29,2013

Receipts for light users Costa Rican Electricity Institute (ICE) reflect a decline in rates during the second half of the year.

According to Francisco Garro, director of ICE Tariff Management, very preliminary data estimate could be reduced by 7% from July and 9% from October.

The setting is applied according to costs incurred by the institution in the purchase of fuel for electricity generation, that from January to April of 2013 corresponds to a total of ¢ 62,300 million.

In accordance with a resolution of December 24, 2012, the Regulatory Authority for Public Services (Aresep) provided that the rebate off 10.96%.

"That percentage was the one projected in December 2012. However, it could be less depending on the expenses that we report the ICE fuels and that will define the discount rate in June, "said Maria Angelica Carvajal, ARESEP spokeswoman.

During the first half of June, ICE must submit a report of its fuel expenses for the rate reduction ARESEP subject to a public hearing.

So far this year, ICE has made two raises totaling up 21.04% in total electricity tariff.

The scarcity of water in reservoirs during the first half of the year, has made companies have to spend more on the purchase of fuel for power generation, which has weight at checkout.

ICE recognizes that the entry of the rainy season, it decreases the fuel purchase, a situation that allows you to apply tariff reductions that benefit the service users.

Source:"La Nación".


Aresep slows increase from electricity companies that provide service in Heredia and Zarcero

Energy Municipality rejected the increases

April 16,2013.

San Jose (Editorial). Power companies that provide this service in Heredia and Zarcero may not raise rates after the Administration of Energy so decide.

Days ago the Public Service Company of Heredia (ESPH) asked the Public Utilities Regulatory Authority (Aresep) an increase of 4.29 percent in its tariffs that have been endorsed, came into effect from 1. May.

ESPH also requested 10.57 percent increase in street lighting service.

Juan Manuel Quesada, mayor of energy, said "it is our duty to ensure that users and providers of public services, which are fixed rates technically sound."

Quesada scored rigorous verification mechanism reporting by regulated firms.

The other company that was rejected was rising to Rural Electrification Cooperative Alfaro Ruiz, operating in the canton of Zarcero, who sought an increase of 12.84 percent.

Source: "La Nación".

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