Displaying items by tag: energy prices

The Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL) presented to the Legislative Assembly the proposed decree with transitory provisions to reduce the electric rate by 14%.

Energy prices rose sharply over the last year, a trend that was exacerbated by Russia's invasion of Ukraine. Although energy prices are expected to decrease by 11% in 2023, if that projection materializes, they would still be 75% higher than the average of the last five years in Latin America.