You can now check in SIT the possible impacts of recent regulatory decisions on 2014 electricity tariffs

Last week, ANEEL presented the new proposed values for CDE (Energy Development Account) quotas. In an article published by the Reuters news agency, ANEEL's director-general, Romeu Rufino, noted that the CDE pass-through to consumers in 2014 is closer to normal, since last year's payment was lower due to Treasury contributions and the use of the account's balance.

"It's not that charges are being raised, it's that we're restoring the level that used to be charged. In 2013, with the use of the balance and Treasury contributions, what was left for the consumer was much lower than what's normally set," he said. In this same article, ANEEL director André Pepitone also noted that this year's CDE revenue doesn't include consumers repaying last year's contribution to cover the higher cost of thermal-plant energy. According to Pepitone, that repayment is expected to happen over up to five years. Source: Reuters Brasil

## Possible 12-Month Outlook for the Evolution of Electricity Tariffs in Brazil

**Expected** for the next 12 months are **adjustments on the order of 24.14% for electricity tariffs in Brazil**, of which 13.01% is due to distribution companies' economic costs and 11.13% to their financial costs. This estimate was obtained using version 6.3 of the Integrated Tariff System with the following assumptions for the parameters explaining 2014 tariffs:

## You can also build your own tariff scenario in SIT for the distribution companies you're interested in!