Energy sector suffers impact of R$ 5.4 billion

According to the Ministry of Mines and Energy (MME), the impact of the covid-19 pandemic on energy distributors reached R$ 5.4 billion between March 18 and May 17. To make this balance, the Ministry takes into account the loss of revenue and additional default in the period after March 18, compared to a period of normality in 2019. 

Of R$ 5.4 billion, R$ 3.2 billion is related to delinquency, which reached 11.84% and reached 14.05% at the beginning of the month. In the last 30 days, the MME estimates that R$ 1.7 billion to distributors are no longer paid due to the crisis. More R$ 1.6 billion are no longer billed, when compared to the average of the first half of 2019

Last Monday (18), the government published decree 10.350, which creates the COVID Account, measure to help the electricity sector from the impacts of the crisis and regulates stretch of MP 950/20, which guarantees gratuity in the electricity tariff for low-income consumers and opens the possibility of help to distributors in the sector. The MP has not yet been approved by the National Congress and may undergo changes.

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