US EditionArgentine government implements gas, electricity rate increases in February
20 Articles
20 Articles
The Energy Secretariat explained that this “salt in February” is due to the implementation of the fixed annual price, among other reasons that converged
Residential gas prices will rise by 16.86%, while electricity prices in the metropolitan region of Buenos Aires will be high by 3.59%
Argentine government implements gas, electricity rate increases in February
Argentine government implements gas, electricity rate increases in February Argentina will raise residential gas tariffs by an average of 16.86% in February, while electricity prices in the Buenos Aires metropolitan area will increase by average of 3.59%, the government announced Friday.The increases stem from a new unified gas pricing formula that aims to prevent seasonal spikes during winter months when consumption is highest.
The government continues to apply the removal of subsidies and transfers the cost to the families with tariffs, a transfer of about US$ 650 million this year. The profits of the privatized energy are not touched. How is the new tariff scheme, with a retroactive discount in light that lasted only 15 days. From the first of February will govern new values of electricity and gas tariffs. The government changed at the beginning of the year the schem…
These measures implemented by the national government are carried out with the aim of advancing the reduction of subsidies. Read more
The increases are the result of a series of measures that come into force next month
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