Approved last Tuesday (15) by the National Electric Energy Agency (Aneel), the loan of BRL 10.5 billion to energy distributors will be exempt from Tax on Financial Transactions (IOF). President Jair Bolsonaro signed today (17) a decree that zeros the rate for this credit operation.
According to Palácio do Planalto, the government will fail to raise R$ 188 million with the measure. The IOF exemption will result in less interest to be paid by energy consumers from 2023.
In an extraordinary meeting this Tuesday, Aneel also approved the total amount of the loan, at R$ 10.5 billion, and regulated the release of the first installment, of R$ 5.3 billion. The money will be deposited in the Energy Development Account (CDE) and apportioned among the distributors by the Electric Energy Commercialization Chamber (CCEE), according to the loss of each company due to water scarcity.
The value of the first installment will cover BRL 2.33 billion in the deferral of electricity bill collections by distributors and BRL 1.68 billion in the bonus for consumers who saved energy in the second half of last year. BRL 790 million in energy imports will also be covered at the height of the water crisis, in July and August 2021; and R$540 million from the negative balance of tariff flags that collected less than necessary.
Estimated at R$ 5.2 billion, the second part of the loan will still undergo public consultation and there is no forecast of when it will be regulated by Aneel. This installment will cover the cost of the emergency auction for contracting energy from thermoelectric plants for supply as of May 1 of this year.
