the 6 increases that are coming in September

the 6 increases that are coming in September
  • “High income” users and those who did not sign up on the targeting form: 20% increase.
  • “Average income” users: no increase will be applied, but there will be a consumption cap of up to 400kWh per month per household. Once the cap is exceeded, the surplus will be charged without subsidies.
  • Users of “low income” and/or social tariff: the subsidy is maintained, it does not change.

In the case of gas, what is known so far is that there will also be consumption caps, with differences according to geographical areas. The National Gas Regulatory Entity (Enargas) will call a new public hearing in the coming days to legally validate the transfer of the wholesale price at the Point of Entry to the Transportation System (PIST) to the rates. It will be between the middle and end of September.

In the case of WaterAccording to the provisions of Resolution 91/2022 published last June, the 10% increase will only become effective as of October.

Expenses

After the presentation by the Secretary of Energy of the new rate scheme, the Government informed that it will happen with the consortiums that until now receive state assistance in the total amount of the ballots. In this framework, the Undersecretary of Electric Power, Santiago Yanotti, confirmed that there will be a total removal of subsidies, which will cause a new impact on the pocket through the payment of expenses. However, it is not the only increase that renters and owners will suffer.

Flavia Royón, Secretary of Energy, was consulted on how the subsidies will be for the common parts of the consortium buildings and confirmed that the removal will be total in three sections, just like in the shops: “In the first stage they will be withdraw 20%”. “In the general segment we are contemplating exceptions such as dining rooms, but not buildings,” she explained. The removal will be absorbed by the entire consortium and its transfer will be reflected in the expenses paid by each user, whether tenant or owner.

This increase is added to another that renters and owners will suffer. The Single Union of Horizontal Rental Building Workers (Suterh), led by Víctor Santa María, achieved a super bonus of $134,000 that will be paid in seven consecutive installments that began to be paid this month. The increase, already approved by the Ministry of Labor, will benefit some 80,000 doormen with an impact that has already been felt at the expense of between 6 and 10% depending on the characteristics of the building.

Rentals

The current Rental Law establishes that increases in contracts are governed by annual adjustments. For this reason, tenants who signed a contract in September 2021 will receive an increase of around 60% next month, very similar to what it was in August 2022.

In this way, a person who, for example, paid $50,000 in the last 12 months (period from September 2021 to September 2022), would start paying $82,333 from next month.

To calculate the increase in the rental price, both owners and tenants can consult the Index of Leasing Contracts (ICL) published every day by the BCRA on its official website.

This indicator considers the variation of inflation (according to the CPI measured by INDEC) and wages, according to the average remuneration of stable workers (Ripte). To apply the adjustment based on the ICL, a formula must be used taking into account the value of two dates: the start of the contract and the date on which the increase will be made.

The index can be consulted by entering http://bcra.gob.ar/, then clicking on the “statistics” tab and then on “main variables”. The “ICL” option is at the bottom of the long list that is displayed.

The user must select the start and end dates of the period to be consulted. First, you must enter the date on which the contract was signed, to know what the rate was at that time, and when the adjustment will be made.

Then, take the current rental price and divide it by the value of the index with the start date of the contract. Finally, that amount must be multiplied by the index of the date on which the rent figure changes.

In conclusion, the formula that must be applied is the total rent divided by the rate on the date the contract was signed, multiplied by the rate on the day the increase is applied to it. That value that it yields will be the amount of rent that the tenant must pay throughout the year.

Domestic workers

The National Commission of Work in Private Houses updated the salaries of domestic workers and agreed with the parties involved an increase in parities, on the income of 15 percent last June, of another 36 percent in 4 sections, reported the labor portfolio .

This staff will receive from this month a salary of 48,524 pesos, which will rise in September to 52,531, in October to 56,537 and in November to 60,544 pesos.

The other categories will receive increases in the same proportion and, next November, the negotiating parties will review the signed salary agreement, they added.

The parity of workers in private homes is valid between June and May of each year and, to the 15 percent improvement already obtained in June, this 36 percent will now be added in 4 tranches of 9 percent, which will total an increase of 51 percent for the first semester.

private schools

According to the provisions of Governor Axel Kicillof, in September there will be an average increase of 9% for private schools that receive state subsidies. With this rise, the staggered 25% that was announced months ago is completed, which responds to the improvement in teacher salaries.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts