Thursday, November 30, 2023

Hotels prepare to fight massive electricity rate increases

Hotel owners are preparing to fight electricity tariff increases of as much as 300%.

The Mexican Association of Hotels and Motels (AMHM) plans to seek injunctions against the new rates, which they say run counter to the objectives of energy reforms.

“We cannot remain indifferent in the face of this abuse on the part of the energy authorities,” AMHM president Rafael García González told a press conference.

He said his organization unsuccessfully sought an explanation from the Energy Regulatory Commission (CRE), the federal agency responsible for authorizing the tariffs.

Along with the injunctions, the hoteliers will also request compensation from CRE, alleging property damage caused by the new tariffs in several member hotels.

In Baja California Sur, the local chapter of the AMHM has obtained what its president called a suspension.

Paloma Palacios explained that member hotels in the state are paying only 40% of their electric bills after injunctions were obtained.

Over the past year, rates have gone up by 75% in Quintana Roo and Colima, 70% in Baja California Sur, 41% in Tabasco and 27% in Mexico City.

Source: El Financiero (sp)

Have something to say? Paid Subscribers get all access to make & read comments.

Lithium mine

Chinese company says cancellation of lithium mining concessions confirmed

Ganfeng Lithium says that the Mexican government has upheld the cancellation of nine lithium mining concessions in Sonora.
Cancun timeshare

US takes further action against cartel-linked timeshare fraud network

The U.S. Treasury has again sanctioned individuals and businesses linked to the fraud network they say is led by the Jalisco New Generation Cartel.
Acapulco cleanup

Recovery from Hurricane Otis makes slow progress in Acapulco

As clean-up and restoration efforts in the area continue, businesses are preparing for a difficult December.