Reduced electricity rates this year? Don't hold your breath

Chances of seeing a decrease in monthly electricity bills this year is not very likely for customers of the two main state-owned power companies.
Over 700,000 customers of the Costa Rican Electricity Institute (ICE) will pay eight percent more in their monthly electricity bill starting this month. Meanwhile, the National Power and Light Company (CNFL) filed a new rate hike petition this week that would raise tariffs for its customers by 26.6 percent.
The Public Services Regulatory Authority

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