Home Business Energy Leaves Liabilities From R$ 88 Billion to 2019

Energy Leaves Liabilities From R$ 88 Billion to 2019

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Consumer light bill may have to carry an increase of up to R $ 88 billion next year, according to Abrace (an association that brings together large energy consumers, such as industries).

The estimated value is the result of skeletons of the privatization of Eletrobras, works of the Angra 3 nuclear power plant, among other pending issues, which may occur in the energy tariff.

The bill that is currently being processed in the Federal Senate and which seeks to transfer debts from the state’s distributors to the electricity bill can impact the bill by R $ 5 billion.

In addition, the state company charges that the Union pays the costs of distributors during the period in which they operate as designated – a temporary extension of concessions while companies are not sold. The amount would total R $ 11 billion.

“We are in favor of privatization, what concerns us is the costs”, says the president of the association, Edvaldo Santana.

In addition, there are expenses with the works of the plant of Angra 3, that are stopped. The entity calculates R $ 15 billion already spent, which can go to the electricity bill, and another R $ 17 billion needed to complete the work.

“It does not make sense, however much nuclear energy is timely.” Money has to be considered a loss, why does the consumer always have to pay for the losses?

There are also debts related to the operation of thermal plants in periods of drought, in which hydroelectric generation decreases. These expenses are reimbursed by so-called tariff flags (additional in the light bill), but these have not been sufficient to cover the costs.

“More than half [of the expenses transferred to the electricity bill] can be reduced without much effort, only with a bit of rationality. But only if it does not let it grow, it’s already a damn thing.”

Among the proposals that the entity submitted to presidential candidates, in an event held on Wednesday (5) in São Paulo, are the reduction in government interventions in the electricity sector and the cutting of subsidies, such as those given to renewable sources.

Santana draws attention to the cost escalation with fuel used by thermal plants in isolated regions, where there are no transmission lines that can send power from other plants in the country. That spending, which is one of the heaviest on the bill, has more than doubled since 2011, he says.

The event comes one day after the announcement of the increase in resources destined for generation in Roraima to shield the state, which depends largely on Venezuela’s energy imports, from supply risks due to the crisis in the neighboring country. This increase should impact the light bill by 1.6% in the Southeast, Center-West and South regions and by 0.31% in the North and Northeast.