On December 30, 2021, the Cabinet Council approved another extension in order to avoid an increase in the electricity rate; while on March 2, also in the Cabinet Council, the incorporation of 24 million 223 thousand 451 dollars to the rate stabilization fund was approved, with this contribution more than 72% of electricity consumers would benefit.
They extend the Tariff Stabilization Fund (FET). Photo: Illustrative
The Tariff Stabilization Fund (FET) will be in force for another month due to the Covid-19 pandemic. The extension of this benefit was approved in the Cabinet Council, held in the community of El Cacao, in Capira.
With this extension, close to 92% of electricity customers will benefit, as indicated by Francisco Álvarez, director of Investments, Concessions and State Risks of the Ministry of Economy and Finance (MEF).
On December 30, 2021, the Cabinet Council approved another extension in order to avoid an increase in the electricity rate; while on March 2, also in the Cabinet Council, the incorporation of 24 million 223 thousand 451 dollars to the rate stabilization fund was approved, with this contribution more than 72% of electricity consumers would benefit.
Cabinet Resolution Project 49-22, approved this Wednesday, April 27, adds numerals 14 and 15 to article 1 of Cabinet Resolution 60 of June 23, 2015 and its amendments, which authorizes the National Services Authority (ASEP) to extend the implementation of the scheme that will be temporarily adopted by the State, as Extraordinary contributions to the Tariff Stabilization Fund (FET) due to the Covid-19 pandemic.
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