TCU blocks R$ 5,02 billion that would be used to reduce electricity bills.

Minister Antonio Anastasia, of the TCU (Federal Court of Accounts), ordered the temporary suspension of R$ 5,02 billion earmarked to mitigate the impact on electricity bills for consumers served by 22 distributors, mainly concentrated in the North and Northeast regions.

The precautionary measure was determined in a ruling signed this Monday (17). The questioning relates to how the resources would be used, since the amount would not have been registered in the OGU (General Budget of the Union).

The blocked amount corresponds to part of the R$ 5,48 billion that had been preliminarily approved by ANEEL (National Electric Energy Agency) last Tuesday (11), according reported by Canal Solar. 

According to the Agency, the amount would help reduce the average tariff impact for consumers by approximately 10%. The funds originate from the renegotiation of resources related to the UBP (Use of Public Assets) of electricity generation plants and would be considered in the tariff processes of the distributors.

The use of these resources would reduce the impact of price adjustments on consumers served at low voltage. However, with the suspension of the R$ 5,02 billion, part of this effect may reappear in the tariff adjustment and review processes of the concessionaires involved. 

The TCU's decision is precautionary in nature and will remain in effect while the Court analyzes the merits of the issue. The suspension may also be reviewed if it is proven that the funds have been deposited into the National Treasury's Single Account and that the resources are included in the Annual Budget Law or through supplementary credit.

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