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Economy Electricity rates: how much each user will pay with the increases that will arrive this month - Infobae

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Electricity rates: how much each user will pay with the increases that will arrive this month - Infobae​


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March 04, 2024

The increases are around 185% for high, medium and low income users. In any case, there is a great dispersion and some homes will receive increases of 300% compared to previous months

By Agustin Maza



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The electricity bills that will arrive in March will contain increases in the cost of energy, transportation and distribution. (Illustrative Image Infobae)

In the coming days, residential users in the Buenos Aires Metropolitan Area (AMBA) will receive the electricity bills corresponding to February in which they will see the increase applied by the Government of Javier Milei in its quest to achieve fiscal surplus in 2024. Yes Although the average increases in electricity rates will be around 185%, there is a great dispersion that could take the increases to 300% for some homes depending on their level of consumption.

The tariff tables for the AMBA recently published by the Ministry of Energy contemplate the increase in the seasonal price of energy for high-income segments, as well as the increase in the added value of distribution for all categories of residential consumption that are now divided into four levels.

  • R1 are those that consume up to 150 kwh per month
  • R2 between 151 and 400 kwh
  • R3 between 401 and 600 kwh
  • R4 will group consumptions greater than 600 kwh . This last group was previously divided into R7 (601 and 700 kwh); R8 (701 and 1400 kwh), and R9 more than (1400 kwh). This regrouping will imply strong increases, because the subsidies are not granted in the distribution, but are done in the generation from 3 universes: high income (N1), low income (N2) and medium income (N3) determined by the Basket Total Basic (CBT) from Indec .

The consulting firm Economía & Energía published in its latest monthly report an estimate of the magnitude of increases that each type of user will receive based on their level of consumption and the population segment in which they are located.


“Average monthly bills increase by 183% for high-income residential users (from $10,467 to $29,637), while for low-income users it is 185% ($3,970 to $11,313) and for middle-income users it is 177% % ($5,518 to $15,260)”, they stated.

How much are high-income users going to pay for electricity?​


The report shows that high-income users (N1) who belong to the R1 category will go from paying $2,626 to $7,021 (167%). The R 2 category included those who were previously R3, so the bills of the The first will go from $8,188 to $21,759 (+166%) and those who joined will go from $13,164 to $33,297 (153%).

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Estimated increases for high-income users (N1). Economy and Energy
Meanwhile, the new R3 category absorbed those that were previously R4, R5 and R6. The R4s that were previously R4s will go from $15,738 to $47,053 (199%). The old R5 will go from $18,196 to $51,744 (184%). What was previously R6 $22,166 to $58,469 (164%).

The new R4 will contain the R7, R8 and R9. The old R7s went from $31,453 to $106,779 (239%). Those that were R8 will go from $43,777 to $134,878 (208%). The previous R9 went from $88,119 to $247,667 (181%).

How much will low-income users have to pay for electricity?​

In the case of low-income users (N2) who continue in R1 who received bills of $879, they will now receive $2,096 (138%). The new R2 category, which absorbed those who were previously R3, will have an increase from $2,513 to $5,755 (129%) while the old R3 will receive $4,152 to $7,882 (90%).

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Estimated increases for low-income users (N2). Economy and Energy
For this segment, the new R3 category now also brought together what were previously R4, R5 and R6. The R4s that were previously R4s will go from $5,135 to $17,151 (234%). The old R5 will go from $6,340 to $18,309 (189%). What was previously R6 $8,514 to $19,968 (135%).

The new R4 will contain the R7, R8 and R9. The old R7 went from $15,305 to $61,236 (300%). Those that were R8 will go from $20,935 to $70,456 (237%). The previous R9 went from $38,502 to $107,730 (180%).

How much are middle-income users going to pay for electricity?​

In the case of middle-income users (N3) who are in the R1 category, the average bill will go from $957 to $2,174 (127%). Those who will continue in R2 received bills of $2,765 since November and will pay $6,007 for February (117%). For the R3s that will be included in this segment, they will go from paying $4,553 to $8,283 (82%).

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(Fountain)
For these users, the new R3 category now replaces what were previously R4, R5 and R6. The former R4 will go from $6,097 to $19,047 (212%%). The old R5 will go from $8,555 to $23,778 (177%). Those that were previously from $12,525 to $30,463 (143%).

The new R4 will contain the R7, R8 and R9. The old R7s went from paying $21,813 to $78,772 (300%). Those who were R8 will go from $34,136 to $106,871 (213%). The previous R9 went from $78,478 to $219,660 (180%).

The increases that are coming​

Given the measures defined by the Ministry of Energy, these increases will be added to the monthly updates in the distribution cost starting in April and the new criteria for assigning subsidies that were presented this Thursday. As the new subsidy scheme will be more restrictive than the current one, many users will receive large increases.

The north of the Government continues to focus on the need to cut spending on subsidies. By 2023, the volume of these expenditures reached 2.1% of the Gross Domestic Product (GDP) , with the energy sector contributing 1.6 percentage points, which represents approximately 9,683 million dollars, according to estimates made by the International Monetary Fund (IMF) and the consulting firm Economía & Energía . The objective has been set for 2024 to reduce these subsidies to 1.3% of GDP in general terms, and to 1.1% specifically in the energy field.
 
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