Business · Energy & Commodities · 4 hrs ago

Mexico’s high-use electricity rate rises 7.2% in October

Mexico’s high-use electricity rate rises 7.2% in October

Mexico’s CFE raised its high-use electricity rate by 7.2% to 7.3% in October compared with a year earlier.

The tariff applies to households whose average monthly power use exceeds a limit set by CFE for their area.

Customers pay the tariff without government subsidies, and the energy charge varies by region, ranging from 6.142 to 7.131 pesos per kilowatt-hour.

The fixed monthly charge also rose 3.1%, to 145.79 pesos in every region.

The October increase was the largest since 2022, when energy charges rose about 30.4% year over year.

High-use customers fell 87% from 2019 to 2024, to 61,550, or 0.1% of CFE’s customers; the figures show how few households are affected, but those who qualify face higher charges.

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