In Panama, the Public Services authority confirmed that they will increase electricity rates from 2 to 15 percent in the first half of the year. teleSUR
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00:00 On Wednesday in Panama, the Public Services Authority confirmed that they will increase
00:04 electricity rates from 2 to 15% in the first half of the year.
00:10 The measure was approved by the entity in charge last December 28 and it will be underway
00:15 until June 30, 2024.
00:19 The Department of Economic and Financial Analysis of the Panamanian Electricity Directorate
00:24 reported that at least 74% of energy companies' clients will not register an increase because
00:32 the decision will affect mainly high consumers.
00:35 In this sense, specialists assure that this type of situation is a consequence of the
00:40 drought and the high price of gas and fuel in the country.
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