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Peru Lowers October Power Tariffs With 1.03% Cut for Households

The regulator cites formula-based adjustments reflecting changes in key cost indicators.

Overview

  • Effective October 4, Osinergmin reduced SEIN residential tariffs by 1.03% and commercial and industrial rates by 0.89%.
  • Isolated electrical systems posted average declines of 0.65% for residential users and 0.39% for commercial and industrial users.
  • The adjustment arises from updates to transmission tolls, the fixed charge and the Value Added of Distribution under regulatory formulas.
  • Inputs included movements in the wholesale price index, exchange rate, natural gas and fuel costs, copper and aluminum prices, and generator–distributor contracts.
  • Residential electricity tariffs in the SEIN have fallen 6.76% year to date through October.