Venezuela to tax high power use

subscribe

Venezuelan President Hugo Chavez said he would direct his administration to assess a tax for high consumption of electricity and set subsidies for low usage.

"Those who use energy above a ceiling will have to pay a surcharge. They must pay more. Those who spend less energy, under a minimum limit, will be subsidized and will pay lower rates." El Universal quoted Chavez saying.

"There is a world energy crisis, for God's sake, we must understand it! Some people turn on their air conditioners and let them on all night. It's like wasting water day and night," he said.

Chavez said a lack of rainfall to replenish the headwaters of the Caroni River had become "a serious situation that has affected the supply of electricity."

The hydroelectric power station Guri, Venezuela, produces 70 percent of the country's electricity.

"What I mean is that we must all be concerned... everyone has to help save energy," he said.

Related News

energ-use-history

How Energy Use Has Evolved Throughout U.S. History

WASHINGTON - The evolution of energy use in the United States is a dynamic narrative that reflects technological advancements, economic shifts, environmental awareness, and societal changes over time. From the nation's early reliance on wood and coal to the modern era dominated by oil, natural gas, and renewable sources, the story of energy consumption in the U.S. is a testament to innovation and adaptation.

Early Energy Sources: Wood and Coal

In the early days of U.S. history, energy needs were primarily met through renewable resources such as wood for heating and cooking. As industrialization took hold in the 19th century,…

READ MORE
powerlines

Massive power line will send Canadian hydropower to New York

READ MORE

27,000 Plus More Clean Energy Jobs Lost in May

READ MORE

Energy Vault Lands $110M From SoftBank’s Vision Fund for Gravity Storage

READ MORE

power lines

California Regulators Face Calls for Action as Electricity Bills Soar

READ MORE