Brazil Keeps Green Power Tariff Flag for April, No Extra Charge on Bills

Overview

• Aneel, which announced the decision Friday, said consumers will see no extra charge on April electricity bills.
• The flag system shows monthly generation costs to users, with green at no fee, yellow at R$18.85/MWh, red 1 at R$44.63/MWh, and red 2 at R$78.77/MWh.
• PMO data show stored energy above 90% in the North and Northeast, about 69.7% in the Southeast/Central-West, which holds roughly 70% of Brazil's reservoirs, and near 27.9% in the South.
• The agency credited March rains for keeping hydropower output strong, which reduces the need for costlier thermal plants and keeps bills lower.
• Officials and industry reports caution that a drier second half of 2026, possibly linked to El Niño, along with higher spot prices (PLD) and hydrological risk (GSF), could trigger costlier flags even after CMSE set preventive measures in January.