“The price of the gas rate is set by the Nation and the cooperative sets the electricity rate based on those costs.”

“The price of the gas rate is set by the Nation and the cooperative sets the electricity rate based on those costs.”
“The price of the gas rate is set by the Nation and the cooperative sets the electricity rate based on those costs.”

General information

Tuesday 05/14/2024

By
Armando Cabral

Rio Grande 05/14/2024.- Highly reliable sources from the Electric Cooperative informed this medium that they did not increase electricity rates and that they are not paying for gas consumption for generation, which could be the reason for the huge increase in electricity rates. invoices that arrived this month. The Nation buys the gas and sells it to the Cooperative and it transfers the costs to the invoices.

According to the source, “we no longer pay for gas for generation, the Nation buys it and sells it to us, this is part of the Wholesale Electricity Market, it is the Nation that sets the gas rates, and we pass that cost on to the consumer.

«In any case, it is Camuzzi who should report on the increase in gas rates, because otherwise the issues are mixed and we can talk about electricity, but not gas, thus greater confusion will be generated about this whole issue. ».

The conclusion is that “we do not pay more for generation gas, the nation buys it and sells it to us, and we pass that cost on to the consumer, that is why we increase it, those costs are set by the nation.”

This explanation breaks the myth that says that electricity increases due to the cost of gas. The increase in the gas rate is imposed by the Nation based on the removal of subsidies and other items that were removed after the arrival of Javier Milei to the presidency.

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