Reuters, 8/6/2013
Oil politics will dominate Mexico’s energy reform debate, set to kick off in earnest this week, but the government is also poised to propose an electricity overhaul that could dramatically reduce costs for businesses.
If Mexico’s existing state-run electricity monopoly is dismantled and market forces spark more competition and private power generation, experts say electricity rates could drop by as much as half. A senior lawmaker close to the reform negotiations from the ruling Institutional Revolutionary Party, or PRI, says the government’s proposal will overhaul the electricity sector. It will likely include constitutional changes to allow an expansion of private sector investment in generation.
Mexico Institute 