The Government backtracked on the planned increase in the electricity and gas rateswhile it will not apply adjustments to the tax on fuels.
This was announced by official sources to Noticias Argentinas.
In the case of fuels, the tax was to be increased by 115% and the impact at the pump was to reach 18% in the City of Buenos Aires.
The objective of postponing the measures is avoid placing additional pressure on the cost of living.
The objective is not to overheat the pressure on the cost of living in that month and to take the foot off the accelerator by applying more costs to households that have suffered a strong loss of income.
purchasing power.
The intention is to take into account seasonality (i.e. higher consumption in winter).
The decision was initially made only for July rates with the intention of supporting the recovery of the population’s purchasing power.
The measure is established for household consumption next month and, depending on the billing date, in principle most users would pay it in August.
Earlier this month, the Government modified the maximum subsidized consumption limits and bonuses on wholesale prices of electricity and natural gas for N2 users.
(low income) and N3 (middle income) according to the Transition Period established by Decree No. 465/24.
The measure marks the beginning of a process to move from a regime of generalized subsidies to a focused one, in which the user can know the cost of the kW of electric energy and m3 of
natural gas that is identical for all.
Likewise, it may determine what assistance the State provides to users according to their ability to pay and that reaches up to a limited consumption limit through the recognition of a lower payment (bonus).
Taking an average consumption bill of 250Kw, the increase in the different categories will be:
– N1 (high income): A bill of $24,710 to $30,355 pesos (23% increase). In July, if you maintain the same consumption, you will pay this same figure, that is, $30,355. It covers a universe of 1.5 million homes.
– N2: (low income) goes from an average bill of $6,295 to $12,545,260 (99% increase). Comprises 1.9 million users.
– N3 (middle income) from $6,585 to $16,850 (increase 156%). Covers 1 million customers.
In the case of gas rates, July consumption will not increase either. That is to say, the user will pay exactly the same as in June, as long as their consumption is the same.
For the current month, increases in the established gas tariff table of 9.2% for segment N1, 33% for N2 and 10% for N3 were established.
