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They approve the new electricity rates that will be in force from February, with increases of up to 29%

2023-02-06T13:50:07.393Z


The Government gave the go-ahead to the new values ​​that Edenor and Edesur will apply from the 1st of this month.


ENRE, the electricity market regulatory entity, approved on Monday the rate charts that Edenor and Edesur may begin to apply from February 1,

According to the resolutions of the agency (177 and 179/2023), the increases with respect to January 31 in the

Residential Level 1

category (the users with the highest purchasing power who will stop receiving subsidies) will be an average of 29%.

Meanwhile, residential users Level 3 will have average increases of 17% and those of Level 2 will maintain the current values, without increases.

Since the segmentation was implemented, electricity bills have risen between 100% and 120%, depending on the amount of consumption of each client.

An invoice that averaged $2,000 in mid-2022 will cost twice as much in March.

In any case, the recomposition is almost at the same level of the annual inflation of 2022 (94.8%).

The cost of electricity represents more than half of electricity bills.

56% of what is paid corresponds to this concept.

Distributors (Edenor-Edesur) only

keep 17% of what they charge

on invoices.

The rest are taxes.

A third of households have been having increases in electricity bills since October.

But that increase does not remain in the hands of the distributors.

This increase is so that the national State subsidizes less the cost of electricity.

The electricity bills contain the cost of electricity itself, the margin of the distribution of the companies that take it to homes, and taxes.

The amount of electricity is governed by the "monomic price".

At the end of 2022, that amount was $11,700 per MWh (the sector's unit of measure).

By mid-year, households were paying less than half ($4,600) of that price.

Now, that payment will rise to $9,300 for users of distributors.

And the total cost was upgraded to $13,000.

In this way, although less than before,

residential customers will continue to be subsidized

.

Big clients run out of subsidies

.

They must pay $13,000 per MWh.

The current budget for this year estimates a drop in energy subsidies.

The Minister of Economy, Sergio Massa, did not provide specific numbers but percentages: in 2022 they represented 2.3% of GDP, while in 2023 they will bite into 1.6% of that cake.

Estimates by specialists calculate that this implies going from the US$15,000 million that was allocated last year for this purpose to a range of between US$11,000 million and US$12,000 million by 2023.

Energy experts are studying the impact of their corrections in order to determine whether or not meeting this goal is feasible.

It is estimated that Cammesa, the system's wholesale administrator, should collect more because large customers will already pay for electricity without discounts, for example.

NE

look also

Due to a reduction in subsidies, the electricity bill will increase 30%, and there is still one more increase to go

Rentals, fuel, rates, prepaid and telephony: the 5 increases that will hit your pocket in February

Source: clarin

All business articles on 2023-02-06

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