In June, electricity and gas will increase for low and medium income users

In June, electricity and gas will increase for low and medium income users
In June, electricity and gas will increase for low and medium income users

The increases in rates that will arrive from next month will have an impact on the most vulnerable population, who paid on average “only 5% of the real cost of energy,” they indicated.

Specifically, a more focused, or restrictive, subsidy scheme than the current one will be implemented as a transition to the application of the Basic Energy Basket (CBE). That is to say, The total reduction that the Government intended will hardly be carried out this year.

The measure was made official this Tuesday through Decree 465/2024 published in the Official Gazette with the signature of Luis Caputo, Minister of Economy. There, a transition period is foreseen that will last from June to November, with the possibility of extending it for six more months, until the application of the CBE.

The segmentation of subsidies for residential users contemplated three universes of users: those with high income (N1), those with low income (N2) and those with middle income (N3). Currently the N1 do not have subsidies on their energy bills, while, for example, the N2 and N3 pay on average only 5% of the cost of energy. The rest is covered with contributions made by the National Treasure through Cammesa to generating companies.

The Energy Secretariat led by Eduardo Rodríguez Chirillo will increase what N2 and N3 users pay in the price of energy. The magnitude in which it will be carried out and the final impact for users was not specified by the Government.

What Decree 465/2024 does anticipate is that there will be a reduction in the subsidized consumption block of the N3, which is currently between 400 kwh and 650 kwh per month based on the province in which the station is already located. anus. The current segmentation scheme provided that users would pay in full for the surplus.

For its part, N2 consumption is fully subsidized regardless of how much electricity or gas they use. They hope to implement a system of consumption caps with state assistance, but greater than that of the N3.

Another important point is that the increases will no longer have a limit tied to the salary variation coefficient (CVS), published by Indec, from the previous year. The CVS grew 152.7% last year, well below the 211.4% inflation rate for the period. This caught the attention of analysts, who point out that in any case the increases that have occurred so far exceeded that threshold.

With data from Infobae

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