The Central American country’s public services authority says the proposed rates of up to $0.1794 per kilowatt hour would allow PV developers to receive sufficient revenue to recover investment and a “reasonable return.”

The newly established tariffs provide clarity for the compensation of photovoltaic power generation for self-consumption installations of up to 1 MW capacity as well as PV plants operated by independent power producers of up to 20 MW, which can be legally operated by private businesses and rural electricity cooperatives.