Era Milei: The poorest are the ones who will pay the most for gas and electricity

Era Milei: The poorest are the ones who will pay the most for gas and electricity
Era Milei: The poorest are the ones who will pay the most for gas and electricity

The poorest households will pay year-on-year increases of 745% in gas and 465% in electricity.

The increases for the lowest sectors are significantly higher than both inflation and the update of the Universal Child Allowance and the Alimentar card, the Government’s main income policies to cope with the adjustment.

The next electricity bills received by low-income households in the metropolitan area will have average increases of up to 465% annually. Meanwhile, gas bills for households with income equivalent to up to a basic family basket ($851,000) will have a 745% increase compared to June 2023, right in the period of highest consumption. Middle-income households will pay 378% more for electricity and 544% more for the mains gas they consume.

The data on how the gas and electricity bills will be arises from a joint work carried out by Economía & Energía, Nicolás Arceo’s consulting firm; and PxQ, by Emmanuel Álvarez Agis. These numbers serve to clean up the different resolutions that, in recent weeks, completed the scheme of subsidy cuts and increases in the electricity and gas distribution segments that the Government began in the second month of the year.

 
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