Costa Rican Organizations Look to Solar Panels to Reduce Energy Bills

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    The Costa Rica News (TCRN) – Members of the Chamber of Industries of Costa Rica (ICRC) attended the Congress on Photovoltaic Solar Energy which seeks to find options to reduce the high cost of electricity and to learn about the leading companies that are venturing into this kind of investment.

    Independent consultants of the Ministry of Environment and Energy, the Costa Rican Institute of Electricity, National Power and Light Company, Acesolar, Institute of Technical Standards Costa Rica, BAC San José, and the Central American Development Bank were also present, among others.

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    According to the president of the Chamber of Industries of Costa Rica, Enrique Egloff, this year alone there have been three increases in electricity tariffs, representing a 19% increase in public service bills.

    “We must find an alternative like the sun; it is ‘free’, and can be combined with other sources of energy to combat rate increases, so that the stability and security of supply is ensured throughout the year, regardless of the effects of climate change.”

    A master thesis by Toni Weigl of the Technical University of Munich, in collaboration with the ICRC, the German Cooperation GIZ and the Costa Rican Association of Solar Energy published in January this year, found that Costa Rica has sufficient sunlight to efficiently install PV panels and is even better than countries like Germany, a leader in the use of this technology.

    The same study indicates that the installation and use of solar PV is very profitable for companies overall, with a payback rate of about five to eight years, since the cost of these systems has dropped considerably in recent years. Additionally, most solar panels are guaranteed for 25 years, but may last longer depending on their performance.

    The Costa Rica News (TCRN)

    San Jose, Costa Rica

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