20 March 2020 – Costa Rican Electricity Institute announces businesses can calim a 50% on bills

Type of Intervention: Financial and Economic
Sectors Involved: Finance/Economy, Private Sector
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National
Lead People/Agency: The Costa Rican Electricity Institute (ICE)

Overview: The Costa Rican Electricity Institute (ICE) has modified the payment of electricity rates until June to commercial and industrial clients, with consumption equal to or greater than 2,000-kilowatt hours per month. Companies may request the benefit of paying half their energy consumption during March, April, and May. collection of the remaining 50% must be paid in equal installments from July to December 2020.
Full details here: https://www.grupoice.com/wps/portal/ICE/acercadelgrupoice/sala-de-prensa/comunicados-oficiales/c6ab8284-6aaa-4bc2-8a45-64ee8f889b27

Type of Justification: Advice of EXTERNAL group of non-academics (e.g. business or community leaders)
Evidence/Justification: To relieve some of the financial burden on busiess