Costa Rica Cost of Living – Electricity rates.

The Autoridad Reguladora de los Servicios Públicos which regulates the prices of electricity, water, gasoline and a few other public services has just approved a rate increase in the price for residential electricity…

The Autoridad Reguladora de los Servicios Públicos (ARESEP) which regulates the prices of electricity, water, gasoline and a few other public services has just approved an average 10.1% increase in the price for residential electricity which should allow the Instituto Costarricense de Electricidad (ICE) to continue investing in new infrastructure to help generate more electricity.

For a home that consumes an average of 250 kilowatts per hour per month (kW/h), this increase represents an increase of ¢1,800 (about $3.50) so this average family would pay ¢18,950 instead of ¢17,150

These are the new rates as published today in La Nacion newspaper… The new approved average kW/h prices are listed under the ‘PRECIO PROMEDIO APROBADO’ column below:

Commercial rates will see a 10,52% increase from an average of ¢97.44 to ¢107.7 kW/h.

The current rate of exchange for the US dollar and Costa Rica colon can always be found on the main page of the Costa Rica Central bank website here.

VIP Members can find a Discussion Forum about Costa Rica Cost of Living – Electricity rates here.

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Written by Scott Oliver, author of 1. Costa Rica Real Estate Scams & How To Avoid Them, 2. How To Buy Costa Rica Real Estate Without Losing Your Camisa, 3. Costa Rica’s Guide To Making Money Offshore and the Director/Producer of the Costa Rica Living & Retirement – Secrets To Happiness DVDs.

Andrew Makarik

to@welovecostarica.com

Andrew Makarik is the main editor of WeLoveCostaRica, a fan of this sunny country. He is also a loving husband and a has a lovely daughter. By being a devoted family man and the biggest Costa Rica fan, he wants to make more people feel at home there. WeLoveCostaRica unites people and helps them find new home or a new travel destination. This website is a friendly community where everyone can find not only information, but also new friends and travel pals. Andrew is also passionate about IT and programming, so he himself maintains a friendly atmosphere in this cozy environment of WeLoveCostaRica.com.