Tag: energy rates

Low reservoir levels will have no impact on energy rates, Energy Minister

Low reservoir levels will have no impact on energy rates, Energy Minister

The absence of rain and the dry season continue to accelerate and an example of this is what the XM Energy Dispatch Manager reports show in the country. The energy matrix of the largest contributing country (more than 60% generated by water) shows that usable reservoir levels reached 61.1% and reported on January 22. And […]

The marches will not reduce rates: the unions are responding to minminas

The marches will not reduce rates: the unions are responding to minminas

“That was a need that arose because people couldn’t pay, and it’s a benefit that was given to the user, but it has to be paid for because if it’s not, we’re going to have cash problems at the companies themselves. “This is teamwork,” said the leader Andesco. For his part, Alejandro Castañeda, president of […]

EPM will cover energy tariff stabilization with $100 billion

EPM will cover energy tariff stabilization with $100 billion

The administration of EPM stipulated that the costs of stabilizing energy rates for EPM users in 2023 will be covered by the company as a measure that brings economic well-being to the communities. (Read: Canacol announces drilling of new wells on the coast) Daniel Quintero, Chairman of EPM’s Board of Directors, explained that the rate […]

Petro’s energy policy jeopardizes generational expansion: Fitch

Petro’s energy policy jeopardizes generational expansion: Fitch

The report details an independent regulatory framework that has a process to determine prices based on technical considerations is the most important consideration when companies make decisions to invest in the sector. “President Petro’s unprecedented action to curb rising electricity rates could worsen operating cash flows, hitting pure generation companies the hardest, according to a […]

Nine companies reported increases in energy rates despite Petro measures

Nine companies reported increases in energy rates despite Petro measures

The increase in energy rates had a major impact on the quality of life of Colombians in 2022. So much so that all users in the country gathered by department to demonstrate against the upward trend. “It’s not fair that I pay 217,000 pesos a month for electricity while I’m working all day. If I […]

These are the additional measures associated with the increase in the minimum

These are the additional measures associated with the increase in the minimum

With the 16% increase, the minimum wage goes from $1,000,000 to $1,000,000 $1,160,000, excluding the transport subsidy, the increase of which will be 20% with what remains in it $140,606. Thus, the total reward will be of the minimum $1,300,000. The Minister of Labour Gloria Ines Ramirezindicated that this is a historic agreement because it […]

The energy rate fell by 4.2% in the country: Minminas

The energy rate fell by 4.2% in the country: Minminas

The minister stated before the Fifth Commission of the Senate that this reduction represents about $35 less in the unit cost of power service, bringing the kilowatt-hour value to an average of $813. He explained that in August of this year, when the new began the new Governmentthe value of the kilowatt hour nationally averaged […]

“This is the 50th meeting and nothing is happening”: Gómez’s scolding of Irene Vélez

“This is the 50th meeting and nothing is happening”: Gómez’s scolding of Irene Vélez

At a meeting of the Caribbean bankcalled on to review the conclusions of the public hearings held by the Casual Monitoring Commission to Air-e and Affinitythe liberal senator Mauricio Gomez Amin set the tone for the debate on energy tariffs in the The Caribbean region. Read also: 5-year presidential term ruled out in political reform […]

“To lower energy tariffs, changes in the wholesale market are needed”

“To lower energy tariffs, changes in the wholesale market are needed”

Both experts therefore urged substantive solutions to the disproportionate increase of energy ratesafter warn that if you don’t do it quickly, the debts will remain increasing when market prices rise. “Now the distributors and service providers are asking that just as they apply the tariff option to their users, the producers who sell them the […]

“Air-e met 38 of 45 indicators evaluated” Superservices

“Air-e met 38 of 45 indicators evaluated” Superservices

Lorenzo Castillo Barvo, Superintendent (e) of Residential Public Services, delivered a report to Senate Committee V on the entity’s management on the issue of energy tariffs in the country. The official said that of the Superservices, 957 verifications of the unit cost of providing the service and 383 rate verifications were performed on strata 1, […]