SANTA CRUZ, Bolivia—At her inauguration ceremony on Jan. 27, socialist President Xiomara Castro unveiled a plan to give free electricity to 1 million Honduran families. Castro said she intends to raise the electric bills of less economically disadvantaged residents to finance the measure. During her speech the nation’s first female president said, “More than a million families are living in poverty and consume less than 150 kilowatts per month. “As of this day they will no longer pay a bill for energy consumption. The light will be free in their homes … high consumers will subsidize that energy.” A vital component behind Castro’s insistence that “high consumers” foot the bill for her electricity plan is because the National Electric Power Company is in the midst of a financial crisis, owing more than $3 million as a direct result of renewable energy contracts. This came about after former president Manuel Zelaya, …