The Chamber of Deputies approved this Tuesday in general -with 80 votes in favor, 44 against and 16 abstentions- and in particular the project that creates the Stabilization and Energy Emergency Fund and establishes a mechanism of transitory stabilization of electricity prices for customers subject to price regulation.
In the vote in particular, MEPs endorsed the provisions relating to the transitional customer protection mechanism (MPC). The purpose of this will be to pay for the differences that occur between the billing of distribution companies to final customers for the energy and power component.
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Commission of the Chamber of Deputies approves project that stabilizes increases in the electricity bills: it goes to The Chamber
The foregoing, due to the provisions and the amount that corresponds to pay for the electricity supply to the generation companies, in accordance with their respective contractual conditions or in the respective decree, in the case of medium systems.
The resources accounted for in the operation of the MPC may not exceed US$1.6 billion. Its validity, meanwhile, will be extended until the balances originated by application of this law are extinguished. From the year 2023, the National Energy Commission will project, semi-annually, the total payment of the remaining final balance.
The energy and power prices that the concessionaires of public distribution service may transfer to their regulated customers will be those defined in the semi-annual fixations to which. For this, the rules to be followed according to the average monthly consumption of customers are defined.
The vote in particular also supported a renewed indication. Through it, those regulated customers who prove to have electric or hybrid vehicles with external recharging are exempt. Likewise, they have a domestic vehicle charging infrastructure, which must be accredited to the Superintendence of Electricity and Fuels.
Refuse system of additional charges
Lawmakers rejected in particular the system of additional charges intended to finance the Energy Stabilization and Emergency Fund.
The text considered that this additional payment would be made according to certain monthly parameters of consumption of the users:
Less than or equal to 350 kWh: exempt from the charge.
Greater than 350 and less than or equal to 500 kWh: 0.8 pesos per kWh.
Greater than 500 and less than or equal to 1,000 kWh: 1.8 pesos per kWh.
Greater than 1,000 kWh: 2.5 pesos per kWh.
Greater than 5,000 kWh: 2.8 pesos per kWh.
The item, which also considered various considerations for its implementation, was voted on separately and required 89 votes in favour of its approval. It only obtained 70 votes in favor, with which the norm was rejected.
