The National Senate approved the bill by Senator Edgardo Kueider (Frente de Todos) for the reduction of the electricity rate, with 36 affirmative votes and 15 negative votes, and sent it to the Chamber of Deputies for its consideration and subsequent enactment.
The initiative seeks to establish tariff criteria that allow for narrowing the price gap between generation and the price paid by end users of the electric service, understood as an essential public service, with the aim of reducing the tariff for end users.
In this regard, Mayor Enrique Cresto stated on his social media: “A historic achievement for Entre Ríos and a step forward to redress inequalities with a federal perspective on the reality of the provinces,” the Concordia leader noted.
“Accessible, low-cost energy is a tool of fundamental importance to foster production, industries, and job creation,” he also noted on Twitter.
REDRESSING INEQUITIES
Kueider justified his bill in the Senate chamber, the objective of which is the reduction of the electricity tariff price paid by all Argentines. He explained that “this initiative is based on a study of the different tax components that affect the electricity tariff” and, after highlighting “the inequity of what is paid in Buenos Aires compared to the interior of the country,” he indicated that the initiative implements “a compensation system regarding the distribution price so that the equation is fairer, regardless of the population density where the service is provided,” he detailed.
The senator indicated that “the initiative also proposes a price decrease through the reduction of VAT, as well as the municipal taxes and charges that are included in the tariff, increasing costs under the public lighting item.
Finally, he pointed out that "the project we are working on promotes an increase in royalties for provinces that generate hydroelectric energy."
The initiative seeks to establish tariff criteria that allow for narrowing the price gap between generation and the price paid by end users of the electric service, understood as an essential public service, with the aim of reducing the tariff for end users.
In this regard, Mayor Enrique Cresto stated on his social media: “A historic achievement for Entre Ríos and a step forward to redress inequalities with a federal perspective on the reality of the provinces,” the Concordia leader noted.
“Accessible, low-cost energy is a tool of fundamental importance to foster production, industries, and job creation,” he also noted on Twitter.
REDRESSING INEQUITIES
Kueider justified his bill in the Senate chamber, the objective of which is the reduction of the electricity tariff price paid by all Argentines. He explained that “this initiative is based on a study of the different tax components that affect the electricity tariff” and, after highlighting “the inequity of what is paid in Buenos Aires compared to the interior of the country,” he indicated that the initiative implements “a compensation system regarding the distribution price so that the equation is fairer, regardless of the population density where the service is provided,” he detailed.
The senator indicated that “the initiative also proposes a price decrease through the reduction of VAT, as well as the municipal taxes and charges that are included in the tariff, increasing costs under the public lighting item.
Finally, he pointed out that "the project we are working on promotes an increase in royalties for provinces that generate hydroelectric energy."