They debate in a public hearing the increase in rates proposed by AySA

They debate in a public hearing the increase in rates proposed by AySA

AySA proposes a rate update, through two increases of 20% in July and 10% in October.

The 32% tariff adjustment accumulated proposed by the company Agua y Saneamientos Argentinos (AySA) for this year is debated this Tuesday within the framework of a public audience.

The public hearing, which will be by the Water and Sanitation Regulatory Entity (ERAS)is developed through a digital platform from 10, chaired by the Secretary of Public Works, Carlos Augusto Rodríguez.

In the tariff update proposal, through two increases of 20% in July and 10% in OctoberAysa describes a “long-standing” situation, which implied that “current rate levels are significantly lower than those established as economic-financial balance in the regulatory framework.”

“Rate revenues are not enough to cover all the costs derived from the provision of services”assured the company chaired by Malena Galmarini in your presentation.

Galmarini Fee revenues are not enough to cover all the costs derived from the provision of services
Galmarini: “The rate revenues are not enough to cover all the costs derived from the provision of services.”

The state company indicated that as of December 2021, tariff revenues only covered 49.5% of operating costs, a situation that could worsen if the tariff freeze that began in early 2019 continues, in the final stretch of the presidency of Mauricio Macri.

To avoid this, the company promoted an initial increase in the modification coefficient “K” of 20%, which would go from the current value of 37.2918 to 44.7502 as of July 1, plus another increase of 10% in October, with which the coefficient would be located at 49.2252.

The two accumulated increases would represent a rise of 32% throughout the year.

Last week, a series of three hearings convened by the Ministry of Energy were held, in which the prices of natural gas production, the seasonal electricity rate and the segmentation of subsidies in gas and electricity rates were analyzed.



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