The electricity panorama in Chile is marked by an imminent increase in rates, according to a report from the National Energy Commission (CNE), due to an accumulated debt with generating companies. Faced with this situation, a new law has established a subsidy aimed at the most vulnerable 40% of the Social Household Registry (RSH) to mitigate the impact of the increase in the cost of electricity.
The Electricity Rate Stabilization Law, recently approved by Congress, seeks to cushion the projected increases in electricity bills. light of regulated clients and the gradual payment of accumulated debt. Within the framework of this regulation, the Transitional Subsidy is included, aimed at one million vulnerable households, in order to counteract increases in their electricity bills.
To access the subsidy and mitigate the impact of increases in electricity rates, clients must belong to the most vulnerable 40% of the Social Household Registry. This benefit will be between $6,000 to $12,000 per month and will be available for a period of three years, from 2024 to 2026, with a total cost of $120 million dollars.
The electricity bill subsidy in Chile is aimed at the most vulnerable households and seeks to provide economic relief from the projected increase in electricity rates. Those interested in obtaining the subsidy They must make an online application every six months, through the Internet.
As established by the Minister of Energy, Diego Pardow, this process of subsidy It will be available starting in May 2024. In addition, the Electricity Rate Stabilization law includes modifications to the Customer Protection Mechanism (MPC) to allow the gradual payment of the debt accumulated with the generating companies.