Increase in electricity rates approved a new hike request filed

first_imgNo related posts. The Regulatory Authority for Public Services (ARESEP) approved on Wednesday increases of 1.44 percent and 3.62 percent in electricity rates to five distribution companies in the country.The hikes will apply to customers of the National Power and Light Company (CNFL), the Public Services Company of Heredia, and private electricity generators in Guanacaste, Alfaro Ruíz (San José) and San Carlos (Alajuela). The adjustments will apply in coming days when published in the official newspaper La Gaceta.A family with a monthly average compsumption of 258 kW/h currently pays ₡17,420 ($34.80), and with the approved increase they will pay ₡17,994 ($35.98).ARESEP explained in a statement that climatic conditions of low rainfall this year caused a reduction in the amount of water stored in the dams of hydroelectric generation, forcing the Costa Rican Electricity Institute (ICE) to increase thermal generation, or production of electricity using fuel.They also took into account the characteristics of each company as the number of subscribers, the service coverage area and the amount of purchases made from ICE.Also on Wednesday, the CNFL requested another increase of 9 percent that will be decided before Jan. 19, ARESEP said.Opposition to increasesThe Chamber of Industries of Costa Rica (CICR) on Wednesday unveiled its opposition to the new request, arguing that they are caused by “excessive amount of money the CNFL spends on salary incentives.”A study carried out by CICR states that there are seven CNFL workers earning more than ₡9 million per month ($18,000), while 500 employees have salaries of ₡2.5 million ($5,000) and almost 2,300 employees have monthly salaries of ₡2 million ($4,000).As an example, a dam security guard with a monthly base salary of ₡302,000 ($604) receives ₡2,938,000 ($5,876) each month due to wage incentives, the study says.Carlos Montenegro, CICR’s executive vice director referred to the requests as “excessive” and warned that a 27 percent increase could hit Ticos’ wallets in January, as CNFL has pending hike requests.The 9 percent increase for thermal generation filed Wednesday would add to another 18 percent increase for ARESEP’s fuel calculation costs methodology, he said.CICR asked ARESEP to conduct an external human resources audit “to assess the fairness and efficiency criteria of a tariff request that is burdensome and disproportionate to the reality of the country.”Costa Rican Ombudswoman Ofelia Taitelbaum on Thursday also questioned the CNFL criteria for the increases, claiming “they are excessive and do not meet technical criteria.”“Requested increases double the projected inflation and have no financial support. They cited exchange rate, which remained almost unchanged throughout the year,” Taitelbaum said.The ombudswoman requested ARESEP to disclose detailed information on street lighting installation and electrical services costs, in addition to applying technical criteria before approving the increase. Facebook Commentslast_img read more

The 5 Takeaways from the Coyotes introduction of

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo It’s a refreshing change, though it’d be easier to understand if the Cardinals had, in fact, a sure thing at the quarterback position. But as of now, they don’t.Newly-signed Drew Stanton along with Brian Hoyer, John Skelton and Ryan Lindley are all on the roster, and it’s likely the Cardinals will select at least one quarterback sometime in the draft. The early edge would appear to go Stanton, who Arians has expressed great confidence in, though it remains to be seen who will be taking first-team snaps when camp opens. But at the very least, it appears we won’t have to wait very long. Comments   Share   It appears one area where new Arizona Cardinals coach Bruce Arians differs from his predecessor is how they handle naming a starting quarterback.Ken Whisenhunt, who was in Arizona for six years, went into training camp with an already-named starter just three times (if you include Kevin Kolb in 2011, though he was not acquired by the team prior to the opening of camp). Arians appears to want no such questions surrounding his team, as he told ESPN NFC West blogger Mike Sando the plan is to have a starter named well before the team begins preparing for the season. Top Stories Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact “I don’t think there’s any doubt when you have an established quarterback, it is much better than when someone is competing for a job,” Arians said Tuesday from the NFL owners meeting. “Guys’ friendships get involved and their own evaluations are made in the locker room because of friendships, and it’s not always in the best interests of the ball club.” Derrick Hall satisfied with D-backs’ buying and sellinglast_img read more