They anticipate up to a 600% increase in the gas rate due to the removal of National subsidies

They anticipate up to a 600% increase in the gas rate due to the removal of National subsidies
They anticipate up to a 600% increase in the gas rate due to the removal of National subsidies

The Buenos Aires Government announced this Monday that the reduction of subsidies on consumption in the rates of services electric power and gaswhich was announced last week by the administration of Javier Milei, will have an impact of up to 600% on bills.

The Undersecretary of Energy, Gaston Ghionireported that in the next electricity bills there will be increases of between 14%, for clients with higher incomes, and 80% for those with lower resources, while the bills of those who are included in the N3 segment, who are those They have average incomes, they will have an increase of around 69%.

But the biggest impact, entering winter, will be on gas bills.. In a press conference, Ghioni maintained that users within the N1 group (those with the highest income) will have an increase of 299%, for those in N2 (middle income) the increase will be 367%, while those who are in the group of lower income (N3), the increase will reach 604%.

“The new increase in electricity rates applied by the national government has the peculiarity of going in a regressive sense: it aims to remove subsidies from the middle and low income sectors,” explained the Buenos Aires official.

Furthermore, he pointed out that “the national government established that “Families benefiting from the social rate have 60 days to register and request to continue in this segment.”. And in that sense, he added: “From the province of Buenos Aires we are already working with mayors, companies and distributors in a campaign to inform Buenos Aires users of this new provision, with the aim that they can preserve their social rate.”

 
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