Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Cost of electricity increases in Mexico following 20% increase in fuel

The electricity tariffs for industrial, commercial and domestic high consumption will increase in January, the Federal Electricity Commission (CFE) of Mexico reported in a statement. CFE said that the increase will not affect low-power households.

The adjustment has occurred after the government announced last December liberalization of gasoline in 2017 and amid protests across the country by rising prices and the impact on inflation because of deregulation. The biggest increase is expected for the industry, between 3.7% and 4.5%. Businesses will pay . . .

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