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Costa Rica reduces residence power costs



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Published on Wednesday, December 18, 2024
By the A.M. Costa Rica staff




According to the Public Services Regulatory Authority (Aresep), the cost of household power service would be decreased between 3% and 13% starting January 1, 2025.

The drop was agreed upon after Aresep undertook a technical analysis of energy production costs between 2022 and 2023, resulting in a 35% reduction that will benefit all consumers across the country.

The country's electrical service is provided by eight state-owned companies specified by law based on their geographical coverage.


The Electricity Institute (ICE), which supplies the majority of the country's rural communities, would lower tariffs by 7.81%.  The average monthly cost of the ICE basic household power bill will be around 13.829 colones (about $27).


The National Power and Light Company (CNFL), which primarily serves San José Province, will drop its prices by 3.47%, lowering the average monthly basic household power tariff to $28.96.


Heredia Public Services Company (ESPH), which serves Heredia Province, will lower its rates to 6.58%, resulting in an average basic monthly residence power cost of around $28.





The Administrative Board of the Municipal Electric Service of Cartago (JASEC), which serves Cartago Province, will reduce the household basic rate by 13.81%, resulting in a basic monthly price of $25.



The Cooperative of Public Services in Guanacaste (Coopeguanacaste) includes the Guanacaste Province. The household power rate decrease is around 9.06%, resulting in a baseline monthly power bill of $27.



Coopealfaroruiz and Coopesantos are public service cooperatives that serve regions of San José's rural districts. The power rate deductions are 7.21% and 3.65%, respectively, resulting in a monthly basic bill of $27 and $28.



The Cooperative of Public Services of San Carlos (Coopelesca) serves San Carlos Canton in Alajuela Province, and the rate decrease is 1.94%, resulting in a household basic monthly power price of around $28.



Officials state that the country's baseline residential power rate is $3 per every 140 kilowatts.



The Public Services Regulatory Authority (Aresep) is the State-owned agency in charge of setting the price of public services and products.



This week, authorities announced that penalties for breaking traffic laws would be reduced by 0.03% starting January 2025.



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How does the residential power bill in Costa Rica differ from that in your home country? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com


 








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