"Colom said that projects have not progressed due to several factors, one of which is the fact that the National Electrification Institute (INDE) grants $102 million a year in social tariff subsidies, rather than investing in networks", reported Prensalibre.com.
The percentage comes from the purchase of 54 thousand 106.1 megawatt hours (MWh).
The purchase serves some 180 thousand 300 houses with an average consumption of 300 kilowatt hours per month, according to data from the National Energy Commission (CNEE).
"Carlos Colom, president of the National Energy Commission (CNEE), indicated that the result of the interconnection, besides stabilizing the system to avoid blackouts or reinforce what is generated by the country, is that at certain times during the day it helps lower the price (spot price for energy market opportunity)", reports Prensalibre.com.
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