Top official reports irrational use of energy in Venezuela
The president of Venezuela's National Electrical Corporation (Corpoelec), Argenis Chávez, remarked that energy is not squandered in European countries because "energy in those countries is billed as it should be" whereas it is "very cheap in Venezuela." Chávez urged people to adopt energy saving policies
"We waste much energy in the country. We lack an energy saving culture," Chávez said during the presentation of Corpoelec's 2012 annual report.
Corpoelec's president pointed out that energy is not wasted in European countries because "energy in those countries is billed as it should be," as opposed to Venezuela, where energy is "very cheap."
"(Electricity) is a public utility. On the one hand, it is quite cheap. On the other hand, it takes a lot of money to generate it, transmit it, and distribute it," Chávez stated. Venezuelan electric energy tariffs have been frozen since 2003.
Domestic demand in 2012 reached 18,357 megawatts (MW), which implies a 6.9% increase against 2011, Chávez noted.
Translated by Jhean Cabrera
President Nicolás Maduro is not only the heir to the throne, but also to an economic crisis which demanded urgent measures to rectify the course. The crisis showed up in two aspects: a 50% inflation estimate, and shortage of staples ranging between 70% and 98%. These issues might hit the President's poor popularity; considering his feeble electoral victory of 1% over his challenger.