Since when can you apply for subsidies on the electricity rate in Chile

Since when can you apply for subsidies on the electricity rate in Chile

The approval of the Electricity Rate Stabilization project by the Senate last week has marked a milestone in Chile’s energy policy. This project implies that, as of June of this year, the accounts of light will experience an increase in their prices, which has led the Government to implement a state subsidy to help the most vulnerable families and mitigate the impact on their pockets.

He subsidy due to the increase in electricity bills is intended to alleviate the financial burden that the progressive increase in electricity rates will entail. The measure will be applied asymmetrically, starting with an increase of $22 for four years and subsequently of $9 for eight years, until 2035. This increase seeks to settle a million-dollar debt with energy generating companies.



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