São Paulo – The Federation of Industries of the State of São Paulo (Fiesp) and the Centre of Industries of the State of São Paulo (Ciesp) have informed that an average of R$ 31.5 billion (US$ 15.4 billion) will be saved each year as a result of the power bill reduction. Over a 30-year spain, the two organizations forecast that R$ 945 billion (US$ 462.5 billion) will be saved.
In a press release, the organizations stated that the power bill reduction is an important step for Brazil to become competitive again. In an official statement last evening (23rd), president Dilma Rousseff announced new power bill reduction rates – 18% for households and up to 32% for industry, trade, agriculture and services –, and guaranteed that the rates will actually be implemented.
The FIesp/Ciesp president Paulo Skaf praised the new rates, and said that all of society will benefit, because production costs will go down as well. “The measure is advantageous to all sectors of society, and it has a direct impact on the pockets of each and every Brazilian.”
“Dilma [Rousseff] has proven a sensitive person, and her concrete actions are proof that the government is concerned with the country’s competitiveness. Everyone uses electric power, every product needs power in order to be made, every service entails power consumption. The lowered power bill benefits all,” Skaf said, according to the press release.
*Translated by Gabriel Pomerancblum
