Monday, April 7, 2025

Theft cost electricity commission 30 billion pesos last year

Stolen electricity cost the Federal Electricity Commission 30 billion pesos (US $1.57 billion) last year, and technical issues accounted for a similar loss.

The state utility’s chief financial officer, José Antonio Rojas Nieto, said that 7% of the power the commission generates is stolen, while a similar percentage is lost due to technical failures.

CFE director Manuel Bartlett Díaz said that while electricity theft is a delicate issue, it’s not only small businesses that are responsible.

“There has always been power theft by large businesses, by hotels and large industries . . . It’s not the small ones . . . not even a whole neighborhood can steal as much as a business,” he said.

The theft of electricity by large firms has been happening for years, he continued, asserting that it was known they were not paying for it because murky dealings existed. “This is a situation we must now fight against.”

“We must check that all the large businesses are paying what they owe.”

Source: El Economista (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Two people hug in front of a poster showing names and photos of missing and disappeared people

UN committee will investigate ‘widespread and systemic’ enforced disappearances in Mexico

3
"The Mexican government doesn't consent to, allow or order the disappearance of persons," the Mexican government said, but indicated that it would cooperate with the UN information request.
Two young photographers were crushed by an unsafe structure while covering AXE Ceremonia for the music publication Mr. Indie.

Mexico City mourns 2 photojournalists killed at AXE Ceremonia music festival

1
Colleagues of the fallen photojournalists criticized Ceremonia for failing to provide a safe space for its attendees and called on the festival industry to advocate for better working conditions for members of the press.
An overhead shot of the reservoir “Miguel Alemán Valdés” in Valle de Bravo, showing moderately low water levels and boats on the reservoir

Cutzamala water levels are up from 2024, but ‘Day Zero’ fears linger in Mexico City

0
The reservoirs in Mexico City's Cutzamala system are doing better than last year — though that's not saying much.