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Electricity tariffs of the National Unified Electric System (NSES) have been reduced since December 4, Osinergmin said.
As reported, this month the price of electricity it will fall by 0.41% for home users and 0.15% for commercial and industrial customers.
Similarly, electricity tariffs for isolated electrical systems will be reduced by an average of 1.50% for residential users and by an average of 5.12% for commercial and industrial users.
This reduction occurs after the update electricity tariffsin accordance with the regulations.
The current rules indicate that electricity prices are revised every month based on update formulas and values for indicators such as the wholesale price index (WPI), exchange rate, natural gas price, fuel prices, and copper and aluminum prices.
According to Osinergmin, the decline in December is due to the renewal of a distribution component called value-added distribution (VAD), due to a change in Wholesale pricesdollar, copper and aluminum prices.
Added to this is the expansion of subsidies from the Electricity Social Compensation Fund (FOSE), which will benefit more than five million 600 thousand vulnerable users.
It is worth noting that Minem indicated last month that electricity bills for millions families they will have a reduction of up to 16% due to the entry into force of this law.
Source: RPP

I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.