The price regulating agency said Thursday that the Compañía Nacional de Fuerza y Luz would get a 6 percent boost in rates. The percentage is about half what the company sought, said the price regulating agency.
The agency estimated that the average home would pay 1,100 colons more under the new rates. That is a bit more than $2.
The new rate will go into effect when it is published.
The company covers much of the Central Valley but not Heredia or Cartago, which have their own utility companies.