Average impact on the electricity bill will be 3.39%; Price hike varies by region
In 2022, the consumer will pay a deficit of BRL 30.219 billion from the CDE (Energy Development Account). The estimate was approved on Tuesday (26.Apr.2022) by the board of Aneel (National Electric Energy Agency). It can result in an impact of 3.39%, on average, on the electricity bill of consumers across the country.
The effect varies by region. Consumers in the South, Southeast and Midwest will have a 4.65% impact on tariffs. For consumers in the North and Northeast, the increase will be a little smaller: 2.41%.
According to estimates, the negative result in 2022 will be 54.3% higher than in 2021. Last year, the CDE recorded a deficit of R$ 19.581 billion.
A sectoral fund for the energy sector, the CDE brings together 9 subsidies for low-income, rural consumers, producers using renewable sources, small distributors and electrification cooperatives and coal producers. The fund’s deficit is passed on to consumers.
According to director Hélvio Guerra, rapporteur for the CDE’s budget proposal, the negative result may be reduced if the CDE receives an additional R$ 5 billion resulting from the Eletrobras privatization process.
END OF TARIFF FLAG
The transfer of the CDE deficit to consumers represents another component of energy tariffs in 2022. Some recent measures will result in lower tariffs, such as the end of tariff flags, which came into effect on the 16th and will represent a reduction of about 20 % on the electricity bill.
The recovery of the reservoirs of the main hydroelectric plants in the Southeast and Midwest contributed to the removal of the extra fee. These banners fund the activation of thermoelectric plants to cover the water shortage.
LOAN
Even with the end of tariff flags, the consumer would bear extra expenses in 2022 to cover the financial impacts of last year’s water crisis. To avoid a tariff this year, the government issued a provisional measure authorizing the loan of a pool from public and private banks for energy distributors to be reimbursed.
In March, Aneel approved a loan in the amount of R$ 10.5 billion. Despite reducing the rate hike this year, the credit operation will result in higher rates for consumers from 2023. This is because consumers will be responsible for paying the loan in installments over the next few years, through a charge on the account of light.
With information from Brazil Agency
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