Electrical rates to be reduced next month

Lower electrical rates have been established by the utility regulator. The cut will be 13.6 percent in power generated by the Instituto Costarricense de Electricidad.

The impact will be  2,018 colons, about $3.82,  a month less for the average family serviced by the state power company and  1,543 colons, about $2.92, a month less by a family served by the Compañía Nacional de Fuerza y Luz.  Other retail distributors will show similar reductions when the rates go into effect between July and September.

The cut is due to the lower price of petroleum and the fact that the Instituto Costarricense de Electricidad used less expensive petroleum during the last months of 2014, said the Autoridad Reguladora de Servicios Publicos.

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