Saturday, December 2, 2023

ENRE warned that Milei’s complaint could harm users

The auditor of National Electricity Regulatory Entity, Walter Martello protects the beginning of the process of Comprehensive Tariff Review (RTI) asked the presidential candidate Freedom Advances (LLA), Javier Miley and warned that its postponement will affect users and companies in the electricity transportation and distribution system.

Martello came out to make “a necessary explanation to the candidate Javier Milei and his objections to the development of the ENRE in what regards its mission and obligations, derived from the Decree that designates it as Intervention, the Comprehensive Tariff Review (RTI)”.

“To carry it forward, it takes a while, which is not immediate. Let’s remember, for example, that the last thing that was done was the nine-month analysis process, so there is no possibility of harming this first stage, especially interfering with the future works of the government because its completion will not happen until 2024. , when the standards will be set tariffs and regulations in the next five years,” said the X official.

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Milei’s complaint undermines the rate review process

Milei criminally criticized the president Alberto Fernandez for the endorsement of measures allegedly in violation of the Law of Financial Responsibility among them the initiation of the RTI process for transport companies electric power under national jurisdiction.

For his part, Martello continued that “RTI is a complex process that can take several months” and warned that “preventing the start of the process will only affect the security of users and the parties involved in electric service.”

The head of ENRE stated that “RTI requires review of tariff frameworks and current regulations to identify areas for improvement, by analyzing historical data on electricity consumption, rates and costs on companies concessionaires, the condition of the facilities and the degree of development of the works and the technology to be incorporated”.

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He explained that “the next step is estimate future demand for electrical energy an estimate made by using statistical models that take into account factors such as economic growth, climate change, demographic aspects, technological trends.”

Then, he explained, “the cost of concessionaire companies to determine if they are efficient and reasonable, an analysis that includes the evaluation of operational and maintenance costs, investment costs and financial costs.”

He pointed out that “once the future demand is estimated and the costs of the concession companies have been assessed, the new tariff and regulatory frameworks”.

Nation World News Desk
Nation World News Desk
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