Regulator will set rates for private power generation

The nation’s regulatory agency has proposed a new methodology for computing the value of clean energy.

The agency, the Autoridad Reguladora de los Servicios Públicos, approved Wednesday pricing that will affect the 32 private electrical generating operations in the country. The private firms sell the power to the Instituto Costarricense de Electricidad.

The methodology defines a range of rates based on operating costs, maintenance and other factors. The agency will seek to obtain accurate statements of these costs from the private providers to establish final rates.

The agency said that the new rates will be an incentive for clean energy production. The bulk of the private providers are hydro operations.

This entry was posted in Costa Rica News. Bookmark the permalink.