Cuts possible in electricity

The nation’s price regulating agency said it has submitted for public discussion big cuts in electrical rates. The cuts would mean a reduction of 13 percent to the end user.

The Autoridad Reguladora de Servicios Públicos said that the cuts were due to the lower amount of power by petroleum fired generators. The Instituto Costarricense de Electricidad may see a 24 percent cut in the rates for generating, said the agency.

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