Costa Rica News – Following a new collective agreement of Recope, users are going to pay more expensive fuel prices starting in February.
The liter of all types of hydrocarbons will rise ¢28.55. The only exception is fuel subsidized for non-sport fishing.
This adjustment will cover expenses of the collective agreement that had been excluded from tariffs in 2015. The Constitutional Chamber ordered that they now be recognized and covered.
The interesting thing is that this increase will only last one month, as recommended by the Public Services Regulatory Authority (Aresep) in the tariff study ET-070-2017. It is in addition to any increase or reduction Recope may request in January as part of the normal price calculation model.
The aim is to finance the savings fund of the Recope personnel that gives loans for housing, scholarships for children of the workers, and administrative and logistics costs for the fund and its events.
So basically the consumer will be paying for Recope employee benefits……too bad the increase in fuel costs will increase prices across the board in CR from food to transportation….I another great idea would be for Recope to actually run an efficient business but that would be asking too much.