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Electricity rates: they rise up to 150% and will be updated every month by a new index tied to salaries and inflation - Clarin

Wally

Well-known member
Looks like electricity rates are heading up 150% and will go up EVERY month now. Ouch.

Electricity rates: they rise up to 150% and will be updated every month by a new index tied to salaries and inflation​

  • The Government defined the increase in electricity rates in AMBA that could arrive in the March or April ballots.
  • It also resolved that the electricity will go up every month starting in May.
  • He postponed the increase in gas at the national level.

 
Argentina will get very expensive. Look at the subway and bus fare rate increases. It looks like utilities will keep going up as well. And blue rate is starting to go down too along with MEP. No one can argue with me prices are going to get $$$$.
 
There’s another increase in electricity prices, this time by 8%, effective from October. So don’t be alarmed when you see your Edesur/Edenor bills.


 
There’s another increase in electricity prices, this time by 8%, effective from October. So don’t be alarmed when you see your Edesur/Edenor bills.


This is what I was afraid of and glad I moved to Spain. Once these utility companies get privatized, the rates are going to explode up even more. Salaries are low yet prices on things surpass Europe.
 
In February 2025, Argentina will experience a new adjustment in public utility rates, specifically in the electricity and natural gas sectors.

The government has defined moderate increases in tariffs, accompanied by a restructuring of the subsidy scheme.

Electricity: An average increase of 1.5% will be applied in the Metropolitan Area of Buenos Aires (AMBA).

Natural Gas: Nationwide, gas rates will rise by 1.6%.

These increases take into account adjustments in transportation and distribution costs for both services.

The government has implemented a new subsidy scheme that will mainly affect middle and low-income users:

Middle and Low-Income Users: They will experience a reduction in the subsidies they currently receive.

High-Income Users: They will continue to receive no subsidies and will have to pay the full price for services.

This measure is part of a broader tariff review that seeks to define new rate schedules and investments for the next five years.

The tariff adjustment and subsidy reduction represent an additional challenge for the budget of many Argentine households, especially for the middle class. These changes are expected to affect nearly 10 million users across the country.

It's important to note that these increases are in addition to a series of increases in other services and products that will come into effect in February 2025, such as water, rent, vehicle technical inspections, prepaid health plans, telephone, and internet services, which could have a significant impact on the cost of living for Argentine citizens.
 
In February 2025, Argentina will experience a new adjustment in public utility rates, specifically in the electricity and natural gas sectors.

The government has defined moderate increases in tariffs, accompanied by a restructuring of the subsidy scheme.

Electricity: An average increase of 1.5% will be applied in the Metropolitan Area of Buenos Aires (AMBA).

Natural Gas: Nationwide, gas rates will rise by 1.6%.

These increases take into account adjustments in transportation and distribution costs for both services.

The government has implemented a new subsidy scheme that will mainly affect middle and low-income users:

Middle and Low-Income Users: They will experience a reduction in the subsidies they currently receive.

High-Income Users: They will continue to receive no subsidies and will have to pay the full price for services.

This measure is part of a broader tariff review that seeks to define new rate schedules and investments for the next five years.

The tariff adjustment and subsidy reduction represent an additional challenge for the budget of many Argentine households, especially for the middle class. These changes are expected to affect nearly 10 million users across the country.

It's important to note that these increases are in addition to a series of increases in other services and products that will come into effect in February 2025, such as water, rent, vehicle technical inspections, prepaid health plans, telephone, and internet services, which could have a significant impact on the cost of living for Argentine citizens.
I am afraid these rates will just keep going up each month.
 
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