Electric rates in valley will go up about 4.67%

Central Valley customers of the Compañía Nacional de Fuerza y Luz are facing a 4.67 percent rate increase.

The Authoridad Reguladora de Servicios Públicos has approved that amount, which is about half what the company sought. The increase amounts to between two and four colons per kilowatt.

The price setting agency said that a family with an 11,300-colon ($22.60) monthly electric bill would soon be paying 11,600 colons ($23.20). The new rates become effective when they are published, probably next week.

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