banner
banner
banner
banner
banner
banner
banner

ICE electricity rates will increase in January

The same price that was effective last quarter would apply

October 08th,2014.

Electricity tariffs for subscribers ICE would rise in January, and would just as they were last quarter, according to estimates by the entity.

That means the kilowatt hour (kWh) paid by an average household consumption (200 kWh per month) would increase from 88 ¢ to 91 ¢.

The Instituto Costarricense de Electricidad (ICE) revealed in a press conference this morning, he plans to request an increase ARESEP for ordinary rate of 13.2%, which, if approved, would apply from January 2015.

However, Carlos Obregon, chief executive of ICE, said that at the same time lower the amount of purchased fuels, which he is recognized each quarter using the methodology Variable Fuel Cost (CVC).

What is the Institute seeks a kind of balance to regulate the cost impact to the end user. Thus, if the two components are added fee, customers would be charged the same bill that claimed over the past quarter.

Private participation plays an important role in this estimation: Francisco Garro, Director of Financial Planning Institute, explained that private generation for 2015 will rise by 40% from this year, which will contribute to a lower temperature participation by the same percentage.

To guarantee the rate stability during 2015, ICE will request the Board of the Regulatory Authority for Public Services (ARESEP) to distribute the increase of 13.2% over the year. The Institute ARESEP processed before, last July, a similar request cost sharing provided lower the impact to the final rate. Then, the regulatory body approved it.

Source:'La Nacion'

 

Minae want to assume the permissions for use of solar energy consumption

April 24th, 2015

Minister of Environment and Energy (MINAE), Edgar Gutiérrez requested the Public Services Regulatory Authority (Aresep) to decide soon the request for clarification of the term of concession regarding solar generation project consumption.

"The rule is, what we have here is a stranded ARESEP interpretation. The term concession has a strong legal involvement, which makes the consumption within this scheme is not viable. So, what we are saying is that instead of granting it a permit, "he said.

According to the Minister, if the regulator defines that such consumption is not ARESEP competition, requested to be informed so that it assumes Minae.

"We occupy tell us and we begin to assume and give permission for people to start generating their own electricity consumption as a scheme. It left definition of the authorities who are competent, "he said.

The Minister said he had initially sent a note to the Board of ARESEP, in which he requested to leave in suspension Chapter 2 Standard Poasen to go forward and generating experience in the use of solar generation to consumption.

"The Board responds that do not give me sufficient technical arguments so that they can make decisions, so I sent a new note explaining why you think it should be stopped, and I have not yet received a response. So we have to solve this year without fail, we can not give long, there is a significant desire and very soon we will see in the ceilings of the house Costa Rica solar panels, "concluded Gutierrez.

Source: "La Prensa Libre"

 

 

Inevitable rise in electricity

It is impossible to contain the increase in electricity rates during the 18 months requested by the Government

During the last year, imports were cheaper than the generation in four of the eight national thermal power plants

October 08th,2014.

The Regulatory Authority for Public Services (ARESEP) finds it impossible to contain the increase in electricity rates during the 18 months requested by the Government to conclude the study of alternative energy policy.

In January, the rainfall will require the generation of electricity from fossil fuels and keep frozen rates jeopardize the financial health of the Costa Rican Electricity Institute (ICE). The problem is not at the discretion of the authorities. On the one hand, is the product of the forces of nature. Furthermore, meets the requirements of the law, in this case, the existing tariff model.

The only solution proposed by ARESEP to bring reality to the wishes of the Executive is to modify the methodology for setting rates to defer the cost of thermal energy. Not really a solution, but a postponement of payments that people should do, sooner or later, after the time period of stable rates.

To achieve this, the ICE should ask ARESEP not applying the variable cost of fuel (CVC) quickly adopted to compensate the state enterprise spending on oil imports.

Removal of CVC force the ICE to submit in January a projected annual costs to calculate, from it, to a flat rate throughout the year. If the fee is not enough to cover the cost of fuel, ICE must submit a hard to adjust rates next year. In addition, the institution risks suffering from lack of financial imbalances expeditious compensation.

The problem, of course, is not ICE, but of the national population. Despite the sharp contraction of domestic electricity use, users are now paying a hefty bills compared to the recent past. The industry, meanwhile, says it has lost 6,366 jobs between January 2013 and July just passed. The loss is attributed to the decrease in competitiveness, largely due to the cost of energy input.

Some companies, say industry spokesmen, have been forced to close or at least neighboring countries to transfer processes whose electricity usage is intensive.

Read more:'La Nación'

 

ARESEP prohibits ESPH provide services in Santo Domingo de Heredia

The CNFL has filed seven complaints against ARESEP against ESPH

March 25th,2015

The Regulatory Authority for Public Services (Aresep) ordered the Public Service Company of Heredia (ESPH) refrain from providing the service power supply to new users in the canton of Santo Domingo de Heredia.

This measure is imposed as a precautionary measure until the conflict of territorial competition managed by the National Power and Light Company (CNFL) is resolved.

The CNFL has filed seven complaints against ARESEP against ESPH for alleged anticompetitive practices.

The Regulatory Authority also ordered the opening of a regular administrative procedure to resolve this conflict and reserved "to be assessed once it is resolved" the requirement to apply CNFL ESPH appropriate penalties "for not providing authorized public service and anti-competitive practices ".

Source: 'La Nación'

 

ICE president backtracks after saying electricity rates would increase by more than 13 percent in early 2015

October 08th,2014.

The executive president of the Costa Rican Electricity Institute (ICE), Carlos Obregón, on Wednesday morning said in a press conference the agency would file a request with the Public Services Regulatory Authority for a 13.2 percent increase in electricity rates for the first half of 2015.

Obregón said the request is based on projections for 2015 regarding operating expenses, electricity importation and fuel purchases for thermal generation.

Minutes after Obregón’s statement, President Luis Guillermo Solís reacted surprised and said he was unaware of ICE’s pending announcement.

Last April before taking office, Solís said one of his first actions as president would be to lower public utility rates. In July, he promised that electricity rates would remain unchanged during the next 18 months.

At noon on Wednesday, during a public event at Casa Presidencial, Solís said he would keep his promise not to raise electricity rates before the 18-month period.

The president denied ICE’s announcement was contradictory to his policy plans, calling it a misunderstanding.

“ICE is planning in advance for their expenses and rates, in case they need to use more oil for thermal generation after the 18-month period. But there will not be any increase [in rates],” he said.

“There is no confusion or contradiction between Zapote and Sabana Norte,” Solís said, referring to the San José locations of Casa Presidencial and ICE, respectively. “It was information that was not fully understood.”

Solís even used his Twitter account to ensure that rates would not increase.

“There will not be a change in electricity rates for the 18 months, as we previously stated,” he tweeted.

ICE’s Obregón then told TV Channel 11 that ICE’s request somehow would not affect users: “We foresee that the cost of generation using fossil fuels will reduce, meaning generation using renewable sources will increase. Therefore, we requested a change in the composition of the rates, but this change will not affect rates for our customers.”

Huh?

Source: Tico Times

 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 7 of 44
  • 2011 © ASI Power & Telemetry, S.A. All rights reserved.
  • |
  • info@ASIpower.com
  • |
  • Toll-free +(866) 402-2482

ASI Power − we make renewable electricity easy

Designed by AVOTZ WEBWORKS and Kate