The Nationwide Electrical Power Company (Aneel) disclosed the quantities and guidelines of economic support it’ll give out to the electrical energy sector resulting from final yr’s water disaster.
Within the so-called Water Scarcity Account, a gaggle of private and non-private banks will provide BRL 5.3 billion (USD 1.03 billion) to power distributors over the approaching weeks. The quantity corresponds to the primary portion of the BRL 10.5 billion mortgage beforehand forecast. This primary installment, nevertheless, was BRL 300 million decrease than what the company had estimated final month.
The primary a part of the mortgage might be used to cowl the deficit in variable power tariffs, tariff deferrals, and power imports. The second half might be destined to overlaying the operational prices of thermoelectric vegetation switched on in December final yr
This new credit score line goals to keep away from increased power payments this yr. However, the price might be handed on to shoppers for as much as 54 months beginning in 2023, being added as a brand new cost on electrical energy payments till distributors repay their loans.