Rates: The Government put a top of 10% per year to light increases

Rates: The Government put a top of 10% per year to light increases

With an approach aligned with economic policies to contain inflation in an electoral year, the Government seeks to avoid increases higher than that percentage.

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After the call to Public audience to define the electrical rates of the next five years, the Ministry of Energy confirmed that annual increases for end users They will not exceed 10%. This measure will be implemented from April 1after in 2024 the rates registered an increase in 117.8% within the framework of the “standardization” process of the sector.

With an approach aligned with economic policies to contain inflation in an electoral year, the Government seeks to avoid increases higher than that percentage.

Tariff update and price control

During the first quarter of 2025the government will continue with monthly tariff settings. In this sense, the Minister of Economy, Luis Caputokeep regulated prices of Energy, transport and water as key tools to decelerate inflation. In January, these adjustments ranged from the 1.6% and 1.8%.

In addition, a New increase in water rateswith a top of 1% in Februarythis being the second consecutive increase in the service.

According to the report of rates and subsidies prepared by UBA-Conicet, as of January, the basket of public services in the AMBA represents a cost of $ 144,775 per month where electricity and transportation in transport represents the highest percentage ($ 41,726/month for the electric and $ 56,228 per month in transport expenses).

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The basket of public services in the AMBA represents a cost of $ 144,775 per month

The basket of public services in the AMBA represents a cost of $ 144,775 per month

The service basket increased 3% in January, slightly above inflation that economists estimate for that month and is mainly explained by a higher level in the expenditure of electricity and water. Currently, that basket occupies 11.7% of the average registered salary. The provision of public services in the AMBA considering the homes of high, means and low income pays rates that, on average, cover 53% of the costs, while the State takes over the remaining 47%.

Source: Ambito

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