ICE ARESEP rejects request to increase electricity tariffs

Entity requested increase of 2.26%, but did not provide complete information

May 13th,2015

The Regulatory Authority for Public Services (Aresep) rejected the request for an increase in electricity rates of 2.26% which had raised the Costa Rican Electricity Institute (ICE).

This application included residential and social institutions such as schools and churches rates.

The increase request filed by ICE was rejected by the non-delivery of information requested by the Administration of Energy.

ARESEP said ICE's request also included a reduction of 9.46% in the rate of low voltage (which includes a small portion of the domestic industry) in which a number of inconsistencies were identified with regard to the intended settings and lack of justification for a further increase in their income.

For its part, the CNFL requested the creation of a new rate of medium voltage (TMTB), but withdrew the proposal last May 6, 2015, so it was shelved.

Source: "La Nación"