Electric charge of Guatemala rose sharply

2010-05-06

Comisíon Nacional de Energía Elètrica-CNEE announced on April 30, 2010 that three electric power companies EEGSA, DEORSA and DEOCSA would rise electric charge within the period of May 1 to July 31. According to the price determination authority of CNEE, the factors of the rise of oil price in previous quarter, averaging US$70.29 per barrel, and drought and unsteady foreign exchange rate between US dollars and Guatemala currency etc. in last year resulted in rise of electric charge of Guatemala.