Gas and electricity rates: the Government confirmed that they will be frozen and there will be no increases in July
The Government announced that it will postpone the increases in gas and electricity rates that were planned for July. In this way, they will avoid a strong impact on their pockets along with the inflation expected for next month.
Luis Caputo highlighted the increase in pensions and pointed out against the opposition: “They want to hit the fiscal balance”
Precisely, this measure by the Government would only be for July, with the intention of recovering purchasing power. The rate increase was expected to be one of the reasons why the Consumer Price Index would rebound.
The Government’s message after postponing the increase in gas and electricity rates
the determination It will be reflected directly in the electricity and gas bills that arrive in August of this year.either. According to the Ministry of Energy, “if a consumer spent exactly the same consumption in June as in July, his bill will have the same amount to pay.”
It is worth noting that at the beginning of June, the maximum consumption limits that would be subsidized by the State had been changed, as well as the bonuses on wholesale prices for those with low and middle incomes.
In this way, they seek to begin the process to “move from a generalized subsidy regime to a focused one, in which the user can know the cost of kW of electric energy and m3 of natural gas, which is identical for everyone.”
Besides, It will be possible to know what percentage of assistance the user receives “according to their payment capacity” and which reaches up to a limited consumption limit by recognizing a lower payment (bonus).”
The Government seeks to eliminate the subsidy in high-income households
With the intention of reducing public spending, the Government warned of a restructuring of energy subsidiesin which there will be a total elimination of the contribution to high-income households and a gradual reduction for other sectors.
A level segmentation system was implemented to determine the level of subsidy corresponding to each household, with a classification into three categories: Tier 1 (no subsidy), Tier 2 (partial subsidy) and Tier 3 (major subsidy). Users must register in the Registry of Access to Energy Subsidies (RASE) and thus check their subsidy.
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