Through the system in force until now, an interest is applied on the debt with the distributors, but “real cases such as that of a company that paid 54% for liabilities with CAMMESA and had a liquid surplus placed at 70% in fixed term”exemplify in the environment of the minister Serge Massa.
To solve this situation, the current economic management made modifications in the payment system, in order to update the debt that the distributors have with CAMMESA each time changes are made in the electricity service rates. In other words, “the debts of the companies will be maintained based on the value of the energy” said a senior ministry source.
According to official estimates, at present the distributors’ debt with CAMMESA is around 530,000 million pesos. The largest of the liabilities corresponds to EDENOR and EDESUR. Entrepreneurs recently Joseph Louis Manzano Y Daniel Villa took majority control of EDENOR. Despite the friendship that binds them to Minister Massa being known, they would be affected by this measure that is part of a context of urgent need to rationalize public spending, according to official media.
Once the budget project is sanctioned, the economic conduction plans to convene to all the distribution companies to inform them about the regulatory change, with the intention that the system be put into operation around the end of the year or the beginning of next. In the Palacio de Hacienda it is not ruled out that from the private sector precautionary measures are presented objecting to the new regime.
Article 8 provides that the National Executive Power, the provinces and the municipalities, as holders of the public electricity distribution service of their respective jurisdiction, must control strict compliance of the payment of transactions for energy consumption, power and its associated concepts by the providers of the public electricity distribution service of each jurisdiction, establishing a period of 6 months from the entry into force of this law in order to that each granting jurisdiction determines a mechanism for the payment of invoices issued and that CAMMESA issues in the future.
regularization
For its part, the Ministry of Energy will establish a Homogeneous Value Measurement Unit linked to transactions for consumption that ensures the value of the credit and will implement a debt regularization plan of up to 96 monthly installments.
It also provides that, given the public service nature of both the distribution and the transportation of electricity, the national State and the provincial jurisdictions must publish, within a period not exceeding 90 days, tariff charts that allow distributors to comply with the resulting obligations.
Likewise, a period of no more than 90 days is established to carry out the Comprehensive Tariff Reviews corresponding to the electrical distribution companies of the Buenos Aires metropolitan area, an initiative that was promoted by the deputy Luciano Laspin of Together for Change.
In the case of distributors, administrations or provincial electricity distribution companies, regardless of their legal organization, that as of September 30, 2022 have no debt with CAMMESA and/or with the MEM, the Secretary of Energy will establish special mechanisms for recognition of credit in the terms established by the regulations.
Source: Ambito
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