The National Authority for Public Services (Asep) issued a statement in which it clarified to the general public and electricity market agents that up to now no increase in the electricity rate applicable to Large Customers has been established nor has a decision been made on a possible rate increase.

The institution's response comes after the Association of Large Electric Clients of Panama (Agrandel) warned about the possible increase in the charges for generated power and residential rates in recent days.

The Asep pointed out that the consultation period related to the "Distribution and Commercialization Rate Sheets of the electricity distribution companies" has not concluded, therefore, "we cannot speak of an increase in the electricity rate".

They added that the consultation, which was open to receive comments from all citizens from July 13 to 27 and is being carried out to comply with the Transparency Law, has not ended because the review phase of all comments remains open. received to respond as part of what establishes the market rules.