Panama

Law no 6 of 3 February 1997 on the regulatory and institutional framework of the public electricity service

Legislative

Law

Passed in

This law's article 155 states that it is in the interest of the State to promote the use of new and renewable sources, to diversify energy sources, mitigate adverse environmental effects and reduce the country's dependence on traditional fuels. The transmission company must therefore provide a five percent discount to new and renewable sources of energy "in each of the contests or tenders that it carries out to buy energy and power".

Article 157 aims to promote energy efficiency through adequate price signals. Art. 158 states that the Free Competition and Consumer Affairs Commission will develop, within twelve months after the entry into force of this Law, a consumer information program regarding the energy consumption of the most common electrical devices. The sellers and distributors of these devices will be obliged to maintain, in a prominent place in their establishments, said information, once it has been published.