Mexican companies face higher electricity charges

FINANCIAL TIMES 🔒| Some of Mexico’s top businesses face increases in electricity charges that analysts say will raise prices for consumers just as Latin America’s second-biggest economy faces its worst recession in a century.

Mexico’s electricity regulator this week approved an increase in transmission tariffs for companies that generate their own electricity under so-called self-supply contracts dating from before 2014 — the cost of hooking up the power they produce for their own use to the national grid.

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