Panama: Electricity rates increase between 2% and 15% for the first half of the year
The increase was approved by the National Public Services Authority (ASEP) on December 28, and the new tariff schedules, which will be in effect until June 30 of this year, went into effect on January 1. teleSUR
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00:00 On Wednesday, in Panama, the Federal Services Authority confirmed that they will increase
00:04 electricity rates from 2 to 15 percent in the first half of the year. The measure was
00:09 in charge last December 28th and it will be underway until June 30, 2024.
00:17 The Department of Economic and Financial Analysis of the Panamanian Electricity Directorate reported
00:22 that at least 74 percent of the energy company's clients will not register an increase because
00:28 the decision will affect mainly high consumers. In this sense, the specialist assured that this
00:33 type of situation is a consequence of the drought and the high price of gas and fuel in the country.