Electricity price in DF should drop 4.4% due to ICMS cut

Electricity price in DF should drop 4.4% due to ICMS cut
Electricity price in DF should drop 4.4% due to ICMS cut

posted on 09/01/2022 15:24


The Ministry of Mines and Energy also states that there is scope to decrease by another 6.5%, on average, when the states regulate the ICMS calculation base – (credit: Minervino Júnior/CB/DAPress)

Electricity bills in the Federal District are expected to reduce by around 4.4%, according to the new calculation basis for the Tax on Circulation of Goods and Services (ICMS). According to the Ministry of Mines and Energy (MME), the reduction in the country has been, on average, 6.8%.

The ministry also states that there is scope to decrease by another 6.5%, on average, when the states regulate the ICMS calculation base. In the states of Espírito Santo and Minas Gerais, for example, the additional reduction in the electricity bill can reach 6.5%.

However, some states still charge ICMS on the basis that contains transmission and distribution services and sector charges in electricity operations. One of the allegations by the governments is the lack of compensation to the federative units due to the loss of revenue, which also affects fuel, telecommunications and transport.

*Intern under the supervision of Ronayre Nunes

The article is in Portuguese

Tags: Electricity price drop due ICMS cut

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