No Increase In Electricity Rates For Six Months - Asep
Date
8/1/2023 11:08:29 PM
(MENAFN- Newsroom Panama)
The administrator of the Public Services Authority (ASEP), Armando Fuentes, reiterated in AM News that electricity rates for regulated customers will not increase, this after doubts that have arisen as a result of public consultation that the tariff schedule was opened for what will be, which must be reviewed every 4 years.
According to TVN sources, the rate of return requested by the distribution companies was not granted, nor was what was requested by the Electric Transmission Company SA (Etesa) as a regulated subject; on the contrary, it has gone down because they are trying to make companies more efficient.
He explained that when making the consultations, the specifications are placed as they are set by the distributors and logically, the decision of what happens or not, will be made by the ASEP.
The tariff schedule must be approved by the end of September, so, according to sources, for the next 6 months there will be no increase in electricity service.
"In the month of September I have to hold a public act to communicate how much the rate is, we are neither programming a rate increase, nor agreeing to a rate increase with distributors, nor do we want it, nor will we allow it," he assured.
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