Electricity bills will be more expensive in 2022, informs ANEEL 

Adjustment could be up to 16.22% due to the effects of the water crisis
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Electricity bills have already had three consecutive increases in 2021

Brazilian consumers' electricity bills will become even more expensive in 2022 and may have an adjustment of up to 16.22%, according to information from ANEEL (National Electric Energy Agency). 

The cause of the increase is due to the water crisis, which affects the country's main water basins. In the Agency's understanding, the adjustment will be necessary to compensate for expenditure on exceptional measures, such as the activation of thermal plants.

Data from the MME (Ministry of Mines and Energy) reveal that the crisis in the reservoirs will cause hydroelectric plants operate with less than 15% of capacity in November. The minimum record was recorded in 2014, when capacity was 19%. 

ANEEL highlights, however, that it is studying the application of measures to reduce the financial impact on consumers and that, if it manages to put them into practice, the increase would be 10.73% next year.

Consecutive increases 

In the last three months, the value of the electricity bill has recorded consecutive increases, due to the country's enormous dependence on hydroelectric plants, which currently correspond to more than 60% of the energy matrix. At the end of June, ANEEL readjusted the value of the red tariff flag by 52%, at level 2, which increased the extra charge from R$ 6.24 to R$ 9.49 for every 100 kWh consumed.

Read too: Water crisis and high electricity bills drive Brazilians' adoption of solar energy

For this year, the possibility of the value rising to R$ 11.50 is not ruled out, as The country's main electricity concessionaires expressed their support for a new adjustment.

Inflation

Just like the electricity bill, Brazilian inflation has also suffered from consecutive increases due to the influence of the water crisis and fuel prices. In total, the indicator measured by the IPCA (Broad National Consumer Price Index) has accumulated an increase of 4.76% since the beginning of the year and 8.99% in the last 12 months. Furthermore, more recent market projections indicate that inflation in the country will remain above 7% by the end of 2021.

This Monday (23), in a virtual event promoted by the SBVC (Brazilian Society and Retail and Consumption), the Minister of Economy, Paulo Guedes denied that inflation is out of control in the country and said that the rise in prices is 'within about the game'.

Picture of Henrique Hein
Henrique Hein
He worked at Correio Popular and Rádio Trianon. He has experience in podcast production, radio programs, interviews and reporting. Has been following the solar sector since 2020.

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