Wednesday, July 2, 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.
people releasing fish in shallow water

Environment Ministry releases 40,000 baby totoaba into the Gulf of California

0
The Environment Ministry, working with the private sector and civil society, has been conducting a repopulation project that included the recent release of 40,000 hatchlings.
crematorium in Ciudad Juárez

2 arrests made after 383 bodies found piled up at Ciudad Juárez crematorium

0
The crematorium, which had the permits to operate, was housing corpses for as long as five years and reportedly gave relatives of the deceased "other material" in place of ashes.
a person registering their fingerprints

Senate grants Security Ministry broad data access powers, sparking ‘police state’ fears

8
The federal government argues that the National Investigation and Intelligence System Law, popularly referred to as the "Spy Law," is required to bolster the state's capacity to combat organized crime.