US EditionArgentine government implements gas, electricity rate increases in February
19 Articles
19 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.
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
Public service rates will increase sharply from 1 February as a result of a series of measures taken by the national government to reduce subsidies. The most important will be in the gas tariff, which will have an average rise of 16.86% throughout the country. In the case of electricity in the areas served by EDENOR and EDESUR, the increase will be 3.59%. The reasons for this increase are: – Monthly fee of the Five-Year Tariff Review – Monthly i…
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