2003News

Power bills to rise 3%

The Superintendence of Power announced that the cost of electricity would see a 3% increase as of October. Those consuming less than 300 kWh, however, would be spared. Hoy newspaper reports that so far this year, power rates for those consuming more than 300 kWh per month have risen more than 80%. Power rates are adjusted regularly for exchange rate fluctuations, inflation, the cost of fuel and other variables.