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Economy Water rates: how much will be the bills that will arrive in April with the 209% increase requested by AySA - Infobae

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Water rates: how much will be the bills that will arrive in April with the 209% increase requested by AySA - Infobae​


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March 06, 2024

The company will give the details of its proposal on March 27 at a public hearing. He wants rates to be updated monthly for salaries and inflation, while there will be a new review in July

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AySA requested a 209% increase in its rates starting in April.

The company Agua y Saneamiento Argentina (AySA) requested the Ministry of Economy for a 209% increase in its drinking water and sewage rates starting in April in the Buenos Aires Metropolitan Area (AMBA) , but with a monthly update based on wages and inflation. They also indicated that there will be a new review of costs in July, which could lead to new increases.

The proposal was sent to the Ministry of Public Works of the Nation , which called this Tuesday for a public hearing on March 27 at 10 a.m. in a step that is not binding but is necessary to advance the new tariff table. .

Resolution 2/2024 , signed by the Secretary of Public Works, Luis Giovine , stated that with the proposed scheme AySA will no longer need subsidies from the national Treasury to continue its operation. The measure is in line with the Government's fiscal adjustment in its objective of achieving a fiscal surplus.

As stated in the annex to the resolution, the request for an increase from AySA implies that some 534,517 residential users in the Autonomous City of Buenos Aires and Greater Buenos Aires at the high zonal level would go from paying $6,236 on average to $19,269 for the service in March. of water and sewer. All rates are calculated without taxes.

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The 5,991 homes that only have water service and not sewage, which belong to gated communities, will go from $9,962 to $30,784 from one month to the next.


For their part, the 996,718 residential users at the medium zone level will go from paying $5,663 in March to $17,599 in April, always without taxes. The 5,827 homes with only water service will receive a jump from $3,263 to $10,082 per month.

For the 1,187,139 million households categorized as low zone level, increases will arrive that will take their rate from $4,551 to $14,062 starting in April for water and sewer. There are 582,044 users who only have water service, for which the jump will be from $1,735 to $5,360.

Residential residents will not be the only ones that will pay more for AySA services starting next month, since industries, businesses, buildings, hospitals, schools and municipalities will also feel the impact.

The 303,636 non-residential users with water and sewer service will go from a bill of $23,102 to $71,386 without taxes. In that same sense, the 30,595 who do not have sewers will see a jump in their bills from $13,917 in March to $43,002 in April.


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Proposal for Aysa increases for non-residential users.

Indexation and subsidies​

In addition to the increases proposed by the company for April, an update formula will begin to be applied from May that will be determined based on the evolution of salaries, the Indec wholesale inflation index and the statistical agency's retail CPI. The objective is that rates do not fall behind in real terms and end up implying greater expenditure in subsidies.

AySA stated that the estimated reduction in subsidies will be $440,000 million at current prices. There is one of the explanations why the 138% increase that the company had requested last month had been rejected by the Minister of Economy, Luis Caputo.

In any case, the Social Rate program that 131,538 beneficiaries currently receive will continue to be in force. Although they expect that by 2024, spending on this item will be $39,687 million and will reach 250,000 homes.

“As a result of the measures in terms of reducing subsidies compared to the current situation, an estimated saving of $440,000 million would be achieved at March 2024 prices, between additional efficiency improvements and tariff increases, generating a significant improvement in terms of equity. However, despite these efforts and taking into account the guideline defined by that Enforcement Authority for the tariff program, it is recalled that to achieve the financial balance of the concession it will continue to be necessary for the National Treasury to complete the uncovered deficit with transfers. , both for the months in which balance has not yet been reached in terms of operating expenses and investments in improvement and maintenance as well as for the financing of basic and expansion works and debt service,” AySA warned.
 
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