On January 16, 2024, the President of the Republic sent a message to the Senate with a bill that would contain the necessary measures to: Introduce improvements to the mechanism for stabilizing electricity prices for regulated customers, considering that energy price increases of up to 150% are expected:

Introduce improvements to the electricity price stabilization mechanism for regulated customers, considering that energy price increases of up to 150% are expected;
the gradual normalization of distribution tariffs;
the payment of debts incurred through the stabilization mechanisms of Laws No. 21,185 of 2019 (“PEC 1”) and No. 21,472 of 2022 (“PEC 2”); and
the establishment of a transitory subsidy for the most vulnerable segment of the population.

Our Energy team prepared a report summarizing the novelties presented in the new regulations.

Read the full document here.