EN 
PT_BR 
The Minister of Mines and Energy, Alexandre Silveira, said last week that the government is studying transfer part of the CDE costs (Energy Development Account) for the National treasure.
To calculate the impact of this measure, TR Soluções did the math and came to the following conclusion: electricity tariff could reduce 0.5 percentage points in 2024 for every R$ 1 billion contributed.
The CDE is a sectoral fund that aims to pay for various public policies, such as the Luz para Todos and Mais Luz para a Amazônia programs, social tariff, subsidies to incentivized sources and payment of fuel to supply Isolated Systems. The CDE has a considerable weight in the energy tariff paid by all Brazilian consumers.
In 2013, Law No. 12,783 promoted a change in the formation and use of CDE resources. The fund's responsibilities were expanded, now including expenses previously covered by the RGR (General Reversion Reserve) and the CCC (Fuel Consumption Account). The law also provided for the transfer of resources from the National Treasury to reduce the cost of the CDE.
However, the contributions made by the Treasury occurred only in two years, the first in 2013, worth R$ 9.8 billion, and the second in 2014, worth R$ 11.9 billion.
In 2015, without being able to count on funding from the Treasury, the CDE budget increased by 40% compared to the previous year's value. Result: that year, application tariffs were repositioned by almost 40%, on average, with the impact of the CDE alone explaining around half of the tariff repositionings.
In the 2023 CDE budget, the costs under responsibility of the account totaled R$ 33.7 billion, resulting in an impact of R$ 85.98 /MWh on tariffs for residential consumers in the South, Southeast and Central West regions; and R$ 40.37 /MWh in tariffs for those in the North and Northeast regions.
It is worth noting that, in the coming years, the values related to the CDE in the tariffs must be equal, according to the transition of charge allocation between the regions of the country established by Law 13,360/2016.
TR Soluções calculates that the CDE budget in 2024 will be R$ 36.6 billion. In this context of simulations, TR Soluções quantified new tariff values for 2024 against three cost transfer scenarios from the CDE to the Union budget: R$ 5 billion, R$ 10 billion and 15 billion.
“The simulations show that, with transfers of these orders of values, the average repositioning of application tariffs for residential consumers would go from the estimated 4% to, respectively, average variations of 1.43%; -1.10% and -3.47%. In other words, on average, each R$ 1 billion cost transfer from the CDE budget to the Union could represent, in 2024, a tariff reduction of 0.5 pp.”, highlights the article written by Paulo Steele, managing partner of TR Solutions.
