Water rates are going up three colons a cubic meter, the nation’s regulatory agency said Tuesday.
The beneficiary is the Instituto Nacional de Acueductos y Alcantarillados. But the costs will be passed down to customers of the small community water companies, too.
This is a 25 percent increase in water rates. The current cost is 12 colons a cubic meter.
The fixed rate for customers who do not have a meter is going up, too. The Autoridad Reguladora de los Servicios Públicos approved a monthly increase of 40 colons. The current rate now is 280 colons.
The water company asked for more than a doubling of the rates.
The three-colon increase will help pay for the installation of some 5,000 fire hydrants over the next 10 years, said the regulating agency.