Technical FAQs 4

Who is the target market for solar energy in Costa Rica?

According to the Costa Rican Institute of Electricity (ICE) and the Costa Rican National Power and Light Company (CNFL), both government entities, the target market for solar energy in Costa Rica, remains to be households or companies that consume between 200kw/h and 3,000kw/h. ICE and CNFL have been installing photovoltaic systems.

Are there private solar companies in Costa Rica?

There are many private companies, most of them members of ACESOLAR (Costa Rican Solar Energy Association), and the CDG (Chamber of Distributed Energy Generation of Costa Rica). They have changed the current legislation opening the market and allowing more solar panels and batteries to be installed.

How much solar energy will Costa Rica have in 2030?

Based on the projections made by the Costa Rican Ministry of Environment and Energy (MINAE), the participation of solar energy in Costa Rica for 2030 will reach 1.3 percent, while the hydroelectric market will increase to 80 percent.

How much does electricity cost in Costa Rica?

Electricity in Costa Rica is not cheap, with an average of USD 28 cents per Kw/hr. Currently, ICE is betting on the increase of imports and the use of Electric Vehicles in order to increase consumption, as many of its large companies have been decreasing consumption due to the installation of solar solutions.

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