|Policy status:||In Force|
|Policy Type:||Economic Instruments>Direct investment|
|Policy Target:||Multiple RE Sources>All|
|Size of Plant Targeted:||Small and Large|
|Agency:||Ministry of Finance and Public Credit, Ministry of Energy|
|Legal References:||Fondo de Servicio Universal Electrico|
The fund was created through the Electricity Law established in 2014. It aims to finance the electrification of rural communities and marginalized areas. The Fund benefits from the surplus resulting from the optimal energy management in the electricity market. The resources allocated by the Fund will be used by Distributors and Suppliers of Basic Services serving rural communities and marginalized urban areas. The utilization of this fund will be governed by policies and strategies from the Ministry of Energy to ensure the lowest cost for the country (financial and socio-economic) as well as to ensure the use of clean and sustainable energy.
Last modified: Mon, 30 Nov 2015 18:04:53 CET