The Creg will issue three resolutions to lower rates

The Creg will issue three resolutions to lower rates
The Creg will issue three resolutions to lower rates

Three resolutions will be issued by the Energy and Gas Regulation Commission (Creg) to lower energy rates. This was announced this Tuesday by the Ministry of Mines and Energy through a statement, in which it states that these measures are added to the agreement made with seven companies in the sector and that it is aimed at reducing the cost of this public service.

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According to the national order entity, several measures were approved and regulatory projects that will impact the different components of the energy chain from the country.

Among these agreements is the draft resolution Creg 701 038 2024, which determines the remuneration of the electric energy marketing activity to regulated users in the National Interconnected System.

At this point – Minminas specified – “the costs reported by the agent are disaggregated, the recognized costs are affected with an efficiency model, service quality incentives are integrated, the portfolio risk premium is updated and the variables for give him market liquidity”.

The second measure has to do with draft resolution Creg 701 049, which was published for comments, which seeks to verify and adjust the maximum price of the stock market so that it never exceeds the generation price of the last thermal plant dispatched.

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“This measure reduces the prices of the generation component of the rate to the end user,” said the Ministry.

On the other hand, he stated that the Creg approved the publication of the document Creg 901 098 of 2024, which seeks to define the signals in the maximum scarcity prices for each generation technology. That is to say – according to the entity – that users will not pay higher prices than generation plants, when they can deliver their energy at low prices.

Norman Alarcón, representative of the Users League in the The Caribbean Regionmaintained that the measures issued are not clear and that they have not reduced the cost of the rate.

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“The only thing that is clear is that there is no clarity about such reductions in electricity rates. Once again the Minister of Mines and Energy, Andrés Camacho, returns to talk about ‘rate justice’ in the style of the former Minister of Mines and Energy Irene Vélez, who came out with nothing,” said Alarcón.

He specified that there has been a failure on the part of the National government to the promises to lower electricity rates on the Coast.

“We are almost two years into President Petro’s term and he has not fulfilled his electoral commitment, but quite the opposite, they have become more expensive because it was this Government that approved the Tariff Option Cost through Creg Resolution 101-028 of November of 2023, which will be worth $254 per kilowatt hour next month, 21% of the total cost ($1,185 kwh) in the Air-e company,” he argued.

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The user leader added that “we have to wait for those resolutions to come out to analyze them and check if they are going in the right direction or are they going to continue being warm water towels.”

“The National League of Users has considered that for a true reduction of the electricity rates On the Coast it is required: to repeal or modify the special tariff regime against coastal residents, using article 126 of Law 142 of 1994,” he stated.

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Likewise, he said that it is necessary to repeal Creg resolution 101-028 of 2023 that established the “onerous” Tariff Option Cost and also to repeal the Ministry of Mines resolution 40272 of 2020 that established a surcharge for the commercialization of the 20% only for Caribbean coast.

On the other hand, he specified that “the high profitability rates of the entire company” must be lowered. electric chain which exceeds 12% effective annually, one of the highest in the world.” “Only in this way could we have fair and payable rates,” he noted.

 
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