Electricity Rates

Economist Ismael Zepeda says the Central Bank will struggle to control inflation through monetary policy given international conflicts raising fuel costs and a planned electricity rate increase in the third quarter, though the bank aims to absorb excess money supply and cut monetary emissions by 11%.

Honduras's electricity regulator (CREE) found billing errors affecting 114 customers of Roatán Electric Company on Roatán and José Santos Guardiola islands and has suspended those charges pending corrected invoices.

Economist Amparo Canales warns that rising electricity rates risk setting off cascading inflation and further increasing the cost of living for Hondurans.

Consumer advocates project that adjustments to electricity tariffs will increase the price of Honduras's basic food basket by about 800 lempiras (roughly $32).

A commission from Honduras's electricity regulator (CREE) arrived on Roatán to meet with the local utility and residents over recent tariff increases that have sparked complaints from families and businesses across the island.

Honduras's energy regulator (CREE) has warned that electricity rates will likely rise again in the coming quarter due to volatile and rising fuel prices.

Residents of Roatán in the Bay Islands are protesting high power bills, with businesses forced to close and households resorting to candlelight or darkness to cope with costs.