Fonte: ANEEL
Since 7/19, the Brazilian Electricity Regulatory Agency has been receiving contributions for Public Hearing no. 056/2012 , regarding the third Periodic Tariff Review (PTR) for DME Distribuição S.A.(DMED), which serves 67 thousand consumer units in the municipality of Poços de Caldas (MG).Repositioning of the proposed tariff, with an average increase of 22.75% in the utility’s tariff according to consumer perception, results from a combination of factors.Among these, the greatest contribution (6.43%) refers to financial items, such as the Compensation Account for Variations in Parcel A Item Securities (CVA).This is followed by the variation in Parcel A itself (6.34%) of the DMED tariff (non-manageable costs)Another 5.074% result from financial items removed from the index for the prior readjustment.Finally, 4.87% is owed to the variation in Parcel B of the tariff, which effectively represents the impact of the utility’s manageable cost increases.
The 6.43% contribution referring to financial items, which represents a total sum to be returned of R$ 6.7 million, was mainly increased due to the CVA Balance to be Compensated.This account was impacted by the extension of DMED tariffs, from June to October 2011, since the tariff readjustment for June 2010 considered the negative CVA sum in progress of R$ 5.59 million as the financial component, which should be returned within the next 12 months.However, with the extension of the tariffs due to late approval of the 3rd Periodic Tariff Review Cycle methodology, the sum owed consumers was greater, resulting in a sum of R$ 1.5 million to be returned, with a 1.55% impact on the tariffs.Furthermore, the CVA Energy Purchase was impacted by the difference between own generation energy sums considered in the 2010 Tariff Readjustment and the energy actually generated, with an impact of approximately 1.4% on the tariffs.Besides that, the price difference in the DME/BAESA bilateral contract, which was readjusted in mid-2011, also resulted in a tariff increase.
The 6.34% contribution of the variation of Parcel A on DMED’s tariff is significantly influenced by the increase in sector charges, underscoring the incorporation of the Global Reserve for Reversals (RGR) parcels that refer to January to September 2011. These were not considered in DMED's previous readjustment due to the legal projection of the elimination of this charge in December 2010. However, Provisional Measure no. 517/2010 extended the validity of this charge until 2035. Another contribution to this increase was the updating of bilateral contract prices and the increase in electric energy acquisition costs due to the appreciation of the dollar, with the consequent tariff increase for Itaipu.
Finally, the 4.87% contribution of the variation in Parcel B of the DMED tariff (manageable costs) was mainly augmented by the effects of an increase in the Regulatory Compensation Fee (WACC) in the compensation for energy distribution assets and the joint effect of updated productivity the utility had in relation to operational costs and the increase in annuity costs of 3.26%.DMED’s WACC went from 9.95% to 11.36% because the distributor was converted into a publicly held company, succeeding the extinct Departamento Municipal de Eletricidade de Poços de Caldas, a municipal autarky, starting March 2010.
Contributions for the public hearing may be sent until 8/20 by fax (61) 2192-8839 or to the Agency’s address at (SGAN, Quadra 603, Módulo I, Térreo, Protocolo Geral, CEP:70.830-030, in Brasília (FD).There will also be an in-person session for dealing with the theme on 8/17, at a time and place to be confirmed.Read more about this subject here. (BT/HB/TC)
