A few days before the end of the month and with the goal of avoid an acceleration of inflationthe Government resolved this Thursday to give backtracking on increases in the rates of light and gas planned for July, while deciding to reduce the adjustments on the fuel taxalthough gasoline prices could increase by 7%.
With respect to public services, the Executive decided consider seasonalitythat is, the highest consumption due to the winter season.
In principle, the brake on increases will only be for the next month’s rateswith the intention of sustaining the recovery of the purchasing power of the population.
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In this context, the Energy Secretariat indicated that “If a consumer spent exactly the same consumption in June as in July, their bill will have the same amount to pay”.
In any case, the current ballot contemplates the announced increase at the beginning of the month, when The Government modified the maximum subsidized consumption limits and bonuses on wholesale prices of electricity and natural gas for N2 (low income) and N3 (middle income) users.
This sum was defined according to the Transition period established by Decree No. 465/2024, which aims move from a generalized subsidy regime to a targeted one. In this way, it will be possible to 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 electricity bill with a average consumption of 250Kwthe increase in the different categories will be as follows:
- N1 (high income): a $24,710 bill will go to $30,355 (+23%), a figure that will be maintained in July if consumption is the same.
- N2 (low incomes): goes from $6,295 to $12,545 260 (+99%).
- N3 (average income): goes from $6,585 to $16,850 (+156%).
In the case of gas, the rate increase established for June is 9.2% for the N1 segment; 33% for N2 and 10% for N3.
As for fuels, The tax was to be updated by 115% and the impact on suppliers of the Autonomous City of Buenos Aires (CABA) would have been 18%. However, from July 1, the tax that will affect the prices of gasoline and diesel will rise by only 1%, as reported by the Ministry of Energy to Energy Report. Thus, oil companies set a ceiling of 7% increase in response to falling sales.
