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La Nación

ICE requested 24% increase in electricity rates for homes

Entity also requested 21% more in industrial sector electricity bill

Businessmen oppose rise and attributed to high fuel use

COLLABORATOR HULDA P. MIRANDA 12:00 AM 30/09/2011


The Instituto Costarricense de Electricidad (ICE) asked the Aresep 24.18% rise in birth rate for housing in 2012.

However, this increase would apply with respect to prices that prevailed in 2010, said Álvaro Barrantes, energy director of the Public Services Regulatory Authority (Aresep).

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La Nación

Use of Garabito bunker lower generation cost

The use of bunker allows the thermal plant Garabito, Puntarenas, generate electricity at lower cost than other thermal plants of the ICE.


This is because the bunker is cheaper than diesel. According to today's current prices, a liter of diesel generation costs ¢ 611 and the bunker is quoted at ¢ 379.

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La Nación

Electricity rates to rise this year by spending more on fuel


Institute asked to cover up buying extra step of diesel and bunker


Thermal plants have already produced most of his estimated share for 2011

The cost of electricity paid by consumers will increase to year due to higher spending on fuel for the generation of that energy.

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La Nación

A Intel is concerned about electricity price

Alvaro Murillo This e-mail address is being protected from spambots. You need JavaScript enabled to view it 18/05/2011

The technology giant Intel is one of the U.S. companies that expressed to President Laura Chinchilla concern about the price of electricity, it directly impacts on operating costs at its plant in Bethlehem.

Chinchilla acknowledged yesterday that executives from Intel, with whom she met in San Francisco on Monday reiterated their interest in having that facilitate their production rates, in addition to providing guarantees for the medium term.

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La Nación

Add 7% cover of ¢ 35,000 million missing in Institute

ICE defends light to cover rising fuel costs

Merceded Aguero R. This e-mail address is being protected from spambots. You need JavaScript enabled to view it   01/03/2011

The Instituto Costarricense de Electricidad (ICE) yesterday defended the increase of 7% in electricity rates to cover a shortfall of ¢ 35,000 million for purchases of fuel for electricity generation.

This expenditure was made in 2010, but was not recognized in the rates approved by the Regulatory Authority for Public Services (Aresep) in that year.

The adjustment would affect the ICE 628,361 direct customers and subscribers of electrical service companies and rural electrification cooperatives.

For the former, the increase is 6% or so.

The Institute's proposal was discussed yesterday at a public hearing on the Aresep.

The ICE, represented by Francisco Garro, Tariff Management director, defended the need for these resources so as not to cause further damage to the finances of the institution.

He said for years the ICE brings a lag because its generation costs are higher than revenues from energy sales.

"ICE is required to ensure service provision and to this end, he had to get short-term loans to commercial banks.  These costs were not recognized by the tariff-regulator, "said Garrett.

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