Modernization of electricity rates in Costa Rica – towards the path of efficiency

 

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Detalles Bibliográficos
Autores: Gómez, Roberto Jiménez, Piva, Juan Carlos Martínez
Formato: artículo original
Estado:Versión publicada
Fecha de Publicación:2023
Descripción:Costa Rica’s regulatory framework enabled the universalization and sustainability of the electricity system. The task ahead for the regulatory body and stakeholders in the sector is to achieve efficiency that translates into lower rates. The objective of this article is to assess the actions taken by the regulatory agency in the period 2016-2022 to take the sector towards the path of efficiency and to provide forward-looking considerations on the remaining tasks. To this end, it examines the context, the actions taken and their impact on the rates paid by users. The evidence shows that the measures adopted by the regulatory body in that period improved the efficiency of the sector and halted the upward trend in prices in 2019. On the other hand, it argues that, in the context of the new realities of a fast-evolving sector, the search for efficiency calls for changes in the approach to regulation, the role of regulated entities and assertive governance. Distribution companies must adopt a commercial approach to the services they provide, in line with the new realities, particularly the competition that technology introduces into the sector. There is a need for a regulation that is flexible, enables the adoption of new technology and is forward looking, as well assertive governance of the sector that includes comprehensive planning and optimization of the electric system with the objective of reducing its long-term costs and ensuring its sustainability.  
País:Portal de Revistas UNA
Institución:Universidad Nacional de Costa Rica
Repositorio:Portal de Revistas UNA
Lenguaje:Español
OAI Identifier:oai:ojs.www.una.ac.cr:article/18069
Acceso en línea:https://www.revistas.una.ac.cr/index.php/politicaeconomica/article/view/18069
Access Level:acceso abierto
Palabra clave:Effiency
Electricity
Policy prices
Public services
Tariff
Eficiencia
Electricidad
Regulación de los precios
Servicios públicos
Tarifas