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Petro Announces Use of Emergency Decrees to Change Electricity Tariff System

Summary by larazon.co
President Gustavo Petro announced that he will issue emergency decrees to transform the electricity tariff system in Colombia, seeking to break the link between the prices of hydroelectric generation and the cost of gas. During the Council of Ministers held this Monday, the president explained that the current model allows generating companies to charge their services at the price of gas, despite producing electricity with water, whose cost is t…
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President Gustavo Petro announced that he will issue emergency decrees to transform the electricity tariff system in Colombia, seeking to break the link between the prices of hydroelectric generation and the cost of gas. During the Council of Ministers held this Monday, the president explained that the current model allows generating companies to charge their services at the price of gas, despite producing electricity with water, whose cost is t…

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larazon.co broke the news in on Tuesday, February 17, 2026.
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