The Energy and Mining Investment Supervisory Body carried out the monthly review of rates and determined that there will be a reduction, both for households and companies.
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The Supervisory Body for Investment in Energy and Mining (Osinergmin) has reported that, as of February 4, 2024, the electricity rates of the National Interconnected Electrical System (SEIN) They decreased on average by 1.04% for home users and by 1.34% for commercial and industrial users, after the monthly review that the organization was responsible for carrying out.
It should be noted that the electricity rate is made up of the efficient costs of generating, transmitting and distributing electricity to users.
On the other hand, the electricity rates of the Isolated Electrical Systems, They decreased on average by -4.38% for home users and -5.34% for commercial and industrial users.
According to current regulations, electricity rates are reviewed by Osinergmin every month, based on update formulas and values of indicators such as the Wholesale Price Index (WPI), the exchange rate, the price of natural gas, fuel prices, copper and aluminum prices; as well as the contracts signed between generation and distribution companies to provide electricity to users.
Why was the rate reduced in February?
- The approval of prices at the generation level in the SEIN as a result of the quarterly settlement of the compensation mechanism between regulated users.
- The quarterly update of the additional charges that allow compensation for contracts to have energy in contingency cases such as cold reserve plants, as well as the generation premium with renewable energy resources, the unitary charge for FISE and the electricity generation capacity.
- The update of the fixed charge and the added distribution value.
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Source: Larepublica
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