In 2023, the electricity rate for home users registered a cumulative reduction of 8.74%, which benefited 8.7 million users of the electricity service throughout the country; This was announced by Osinergmin, an organization that has the function of calculating the electricity rate in a technical, autonomous and impartial manner.
Along the same lines, electricity rates for commercial and industrial users in the regulated electricity market benefited with a cumulative decrease of 4.68%.
Osinergmin specified that the variation responds to factors such as the 2.52% reduction in the Distribution Added Value (VAD) for electricity distribution companies, as well as the stabilization of macroeconomic indicators such as the Exchange Rate and the Price Index. Wholesale, which registered average reductions of 6.48% and 0.33% respectively, in relation to the previous year.
The increase in energy demand by 4.46% compared to the previous year also had an impact on the rate, as well as the increase in the level of investments related to the strengthening of the infrastructure of the electrical generation and transmission systems.
In this regard, the entry of the Punta Lomitas wind generation project and the Chilca-La Planicie-Zapallal, Tintaya-Azángaro, Mantaro-Nueva Yanango-Carapongo transmission projects, and the Power Substations in the department of Ica stood out.
Osinergmin: modernization of the electricity sector in Peru
On the other hand, in September 2023, a milestone was marked in tariff regulation and in the modernization of the electricity sector in Peru with the approval of the BT5I tariff option, also called Smart Tariff.
This rate, which is being applied to 105,000 residential users included in the Pilot Plan for Smart Metering Systems (SMI), allows the bill for electricity consumption to be reduced through the efficient use of electrical energy in three rate periods offered by the aforementioned rate option.
Osinergmin has been promoting, together with the Executive Branch, bills that will allow the entry of non-conventional renewable energies (solar and wind) with a power capacity of 2,000 MW of solar generation in the south and north of the country, with the objective of reducing the production costs of electrical energy in the wholesale market, for the benefit of all users of the electrical sector.
Source: Larepublica
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