EDP ​​expects the extraordinary contribution is eliminated by the end of 2020 – publico

 
         

                 

                         

                 

 
 

There are two areas in which EDP feels wronged and penalized: the extraordinary contribution of the energy sector (EESC) and the financing model of the social tariff. In presenting the company’s new business plan for the next five years, the president of electrical explained that account still pay the EESC by 2017, but that this “does not mean it has accepted” “unfair tax” that “should already have been deleted from the system. “

According to Mexia, the Committee will have a” gradual reduction “to be definitively eliminated, which is expected to happen in 2020.

the EESC, which it was introduced in 2014 and represents a total revenue of approximately EUR 200 million, of which about 60 million fit to EDP, was to be gradually reduced and finally eliminated in 2018. However, the current executive kept the rate in their original costumes and gave no indication of what will be its future development

the fact that EDP maintain the EESC payment forecast does not mean that it is accommodated, assured Mexia:. “we are working and fighting for what consider fair and efficient, “said the manager. “We are doing what has to be done to remove something that does not make sense,” he stressed.

But the EESC is not the only EDP workhorse. Moved back to point critical to the social tariff financing model saying that Portugal “is unique case” in Europe to to pass on the cost of the measure in electrical producers.

Anticipating that EDP has estimated a cost of 40 million euros with the social tariff for a scenario of 500,000 beneficiaries (when the target announced by the government is to reach one million families), the manager said that “the model is not fair and it is not efficient.”

in the new setting agreed between the Government and the Left Bloc, producers will to ensure the normal discount fare, plus discount the extraordinary support (ASECE), which was previously funded by the state.

“we like the social tariff, but we should follow the rules of the European Commission”, which advocates financing through the State budget or passed on the invoices of other electricity customers.

“we will work to Portugal adopting the European philosophy “in the financing of social tariff, assured Mexia.

in a conference call with analysts earlier this year, the president of EDP revealed that the company has estimated a cost of EUR 13 million in 2016 with these discounts on the bill of light, hoping to end the year “with about 250 000 beneficiaries.”