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 . . .

Read Full Story

Related Posts

Aldea Hortus in Tondoroque

Profeco halts sales at Tondoroque housing development

Profeco suspended sales at Aldea Hortus in Tondoroque after finding contract and pricing gaps that...
Jet-fuel spike could push up travel costs to Puerto Vallarta

Jet-fuel spike could push up travel costs to Puerto Vallarta

Puerto Vallarta business leaders say soaring jet-fuel costs may lift airfares soon, even as flights...

Puerto Vallarta Marathon Road Closures Begin at 2 AM

Puerto Vallarta will begin road closures at 2 a.m. Sunday for the marathon, with rolling...
Playa del Carmen water service recovers after pipe damage

Playa del Carmen water service recovers after pipe damage

Repairs finished after CADU damaged a 20-inch water main in Playa del Carmen, but low...