A few days ago, the Supervisory Agency for Investment in Energy and Mining (Osinergmin) published resolution No. 063-2023-OS/CD that approves the “Application Procedure of the Electricity Social Compensation Fund (FOSE)”.
This procedure is in accordance with the provisions of Law No. 31429, which modifies Law No. 27510 (Law that created the FOSE). The FOSE is a subsidy that allows discounts on electricity bills to be applied to households with lower electricity consumption.
Among the main aspects considered in the law and the procedure is an increase in the coverage of the FOSE, which will include home users of the electrical service with consumption of up to 140 kW.h/month. Likewise, the discount on the electricity bills of the beneficiaries will be increased.
Thanks to the modifications, 733,240 new beneficiaries are being incorporated, with which the FOSE will now reach 6 million 157,004 users of the electrical service, that is, 70.9% of the total users nationwide.
FOSE: contributions dropped from 4.9% to 3.5%
The FOSE subsidy is financed with the contributions of users with consumption greater than 140 kW.h/month and, currently, also with the contributions of free users of the electricity market.
The modifications made have allowed a reduction in the contributions that these users must make to the fund. Thus, the surcharge factor went from 4.9% to 3.5%, which means a reduction of 28%.
The norm published by Osinergmin has considered the provisions of Law 31713 that suspends the application of the exclusion criteria until December 31, 2023.
Source: Larepublica
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