1,500 corner stores closed due to high electricity rates in Yucatan

MÉRIDA, Yucatán, (January 3, 2022).- “In 2021, a total of 1,500 small shops and corner stores had to permanently lower their curtains due to the high cost of electricity”, said Jorge Cardeña Licona, president of the National Chamber of Commerce (Canacope).

“Honestly, the high electricity rates have always been a very big affectation for small businesses in the region. We could say that some 1,500 stores have closed statewide due to the impact of the high fees that the CFE charges, as unfortunately, not all stores are solvent, ” he emphasized.

However, and given this situation, he said that they maintain good expectations for the rebound in their sales.

Finally, Cardeña Licona reiterated that they will insist on lowering the rates, just as they have insisted for so many years without being taken into account up to date.