As of February 4, the electric rates of the National Interconnected Electric System (SEIN) will be reduced on average by 4.35% for home users and 4.97% for commercial and industrial users, revealed the Supervisory Agency for Investment in Energy and Mining (Osinergmin).
The regulator specified that the rate is made up of the efficient costs of generating, transmitting and distributing electricity to users.
He also pointed out that the electric rates of the Isolated Electrical Systems will have an average variation of -0.67% for home users and 2.59% for commercial and industrial users.
What happened in February also responds to the updating of generation prices for the regulated market as a result of the quarterly settlement of contracts between electricity generation and distribution companies.
Another factor that allowed the reduction, according to Osinerg, is “the quarterly update of the additional charges to the electricity transmission rate that allow to compensate the contracts of the cold reserve plants, the generation premium with renewable energy resources, the unit charge for FISE and the electricity generation capacity charge, as well as the entry into commercial operation of the Tintaya-Azángaro transmission line”.
It is the obligation of the regulator to review every month the electric rates and based on updating formulas and values of indicators such as the Wholesale Price Index, the price of the dollar, the price of gas, among others, a decision is made.
