Government And Aneel Defend ICMS Cut To Reduce Electricity Bill Tarif

Written by Fabio Lucas Carvalho

Published on 13/05/2022 at 13:50

Rio de Janeiro – Consumo de energia elétrica, lâmpada e interruptor de luz. (Fernando Frazão/Agência Brasil)

Be the first to react!

Government and Aneel Participate in Hearing in the Chamber of Deputies to Discuss Solutions to Reduce Electricity Bill. ICMS Cut Was Defended

On last Thursday, the 12th, in a hearing at the Chamber of Deputies, representatives of the Federal Government and the National Electric Energy Agency (Aneel) defended that the ICMS charged on the electricity bill should be cut. This would be the best alternative to lower the electricity bill nationwide nationally.

How Does the ICMS Charge Work on the Electricity Bill?

The Tax on Circulation of Goods and Services (ICMS) is a tax collected by the states. According to data released by Aneel, on average, taxes represent 30.5% of the total electricity bill. Alone, the ICMS represents 21.3% of the total electricity bill for Brazilians.

energy electricity bill — *Rio de Janeiro – Electricity consumption, light bulb, and light switch. (Fernando Frazão/Agência Brasil)*

The hearing took place after the Chamber approved urgency in the bill that suspends increases in the electricity bill. In the state of Ceará, for example, the electricity bill will increase by 24.88% for consumers.

ARTICLE CONTINUES BELOW

Government and Energy Sector Concerned About the Bill

The possible approval of the bill is generating great concern for the electric sector and the federal government. The main reason is that the increases are already foreseen in contracts with distributors. In case of noncompliance with the increases, legal disputes may occur, with a significant chance of needing to pay compensations.

As an alternative to the bill, Domingos Romeu Andreatta, Deputy Secretary of Electric Energy at the Ministry of Mines and Energy, advocated for the approval of a constitutional amendment proposal (PEC), which is already under consideration in Congress, that would limit the ICMS rate on the electricity bill to 10%.

“In the case of Ceará, the ICMS represents 28.8% of the final price of electricity. This is also a project that brings us considerable interest,” defended the deputy secretary.

Meanwhile, Mário Menel, president of the Electric Sector Associations Forum (Fase), rejected the measures currently on the table. According to him, the solution to the problem will only happen with the reduction of taxes, which currently already account for 49% of the electricity bill. “Congress approves subsidies, and Aneel is not to blame,” he analyzed.

Government And Aneel Defend ICMS Cut To Reduce Electricity Bill Tarif

Government and Aneel Participate in Hearing in the Chamber of Deputies to Discuss Solutions to Reduce Electricity Bill. ICMS Cut Was Defended

How Does the ICMS Charge Work on the Electricity Bill?

Government and Energy Sector Concerned About the Bill

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

BYD Atto 2 DM-i flex prepares to debut in Brazil with a plug-in hybrid engine, national assembly in Camaçari, competitive pricing, and targets Creta and T-Cross in a battle that promises to heat up the compact SUV market.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

Noise in the sky frightened residents: NASA confirms that a meteor exploded over New England with a force equivalent to 230 tons of TNT

The paycheck that seemed impossible: São José employee receives R$ 7.94 after legal strike, while deductions by the City Hall affect over a thousand employees and become a target of inquiry in the City Council.

Government And Aneel Defend ICMS Cut To Reduce Electricity Bill Tarif

Government and Aneel Participate in Hearing in the Chamber of Deputies to Discuss Solutions to Reduce Electricity Bill. ICMS Cut Was Defended

How Does the ICMS Charge Work on the Electricity Bill?

Government and Energy Sector Concerned About the Bill

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

The labor shortage has changed its face in Brazil: companies hire 80% more, but workers stay only 6.8 months in the job, the service market becomes a “revolving door,” and businesses spend increasingly more to train teams that soon leave.

Chinese giant chooses SC to set up its first factory in Brazil, investing R$ 250 million and producing MRI machines costing R$ 10 million each, with 100 direct jobs and 5% of revenue allocated to research.

After selling a unit for R$ 115 million to pay off debts, a traditional factory in SC founded in 1932 has a new R$ 64.8 million plan denied by the court and retains about 690 workers in Joinville.

Use of slimming pens skyrockets in Brazil, surpasses the global average, and causes unexpected changes in consumption habits, diet, beauty, and the wellness market.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

BYD Atto 2 DM-i flex prepares to debut in Brazil with a plug-in hybrid engine, national assembly in Camaçari, competitive pricing, and targets Creta and T-Cross in a battle that promises to heat up the compact SUV market.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

Noise in the sky frightened residents: NASA confirms that a meteor exploded over New England with a force equivalent to 230 tons of TNT

The paycheck that seemed impossible: São José employee receives R$ 7.94 after legal strike, while deductions by the City Hall affect over a thousand employees and become a target of inquiry in the City Council.