I.C.E. Raises Rates Again
Solar Energy Costa Rica When does 6 equal 13?? When ICE receives permission to raise electricity rates again! ARECEP recently gave approval for what was called a 6% rate increase for electricity rates under ICE coverage. What they didn’t tell us is that there had already been a “temporary” rate increase of 7.5% imposed last [...]
Return on Investment
Why should you use solar energy in Costa Rica? Current tier three rates from ICE are $0.33 USD per kilowatt hour. At these rates a new 10 kilowatt solar system will pay for itself in less than 7 years. Historically electricity rates in Costa Rica have increased an average of 16.3% each year. If we factor in [...]
Net Metering = No More Batteries!!
Just a few years ago Costa Rica was able to boast that it produced 100% of its electricity without fossil fuels. Today that is no longer true. About 8% of the electricity consumed in Costa Rica is generated by burning oil purchased from other countries. The future demands for electricity are expected to require that [...]
