Rates: Families earning more than $790,000 in the winter will not have subsidies

Families with incomes above $790,000 a month will lose energy subsidies in the winter. The data corresponds to the consumption limit of a “cohabiting group” of between 3 and 4 people in the bioenvironmental region “Templada (3)”, where the majority of the Argentine population lives -City and Greater Buenos Aires, La Plata and Rosarioamong other locations -, according to the calculations of the unions grouped in Argentine Confederation of Workers and Employees of Hydrocarbons, Energy, Fuels, Derivatives and Related Products (CATHEDA).

The entity sought to enhance the Basic Energy Basket (CBE) that the Government will use to define the criteria reasonable demand for electricity and natural gas by network, as well as the necessary income and asset issues or the recent history of quality of life and consumption, before determining who needs state help.

Basically, Any user who spends less than 10% of their income will not be subsidized, but there may be exceptions depending on the population decile to which it corresponds. If more than 10% is spent (or the percentage depending on the decile), the State will make the difference.

In the coming weeks, theThe Ministry of Energy will complete the adaptation of the new scheme which will replace the tariff segmentation and will implement it in May.

CATHEDA economists discovered this based on current electricity and gas prices those houses located in the “Cálida (2)” region – all of Tucumán and the areas of Jujuy, Salta, Catamarca, La Rioja, San Juan, San Luis, Córdoba, Santiago del Estero, Santa Fe, Corrientes and Entre Ríos – would be stop receiving benefits when they exceed $160,000 in the summer (at least).

In the meantime, the families of the “Very cold (6)” region, which covers the whole of Tierra del Fuego and the areas of Santa Cruz, Chubut, Río Negro, Neuquén, Mendoza, San Juan, La Rioja, Catamarca, Salta and Jujuy – in the Cordillerana – , the income limit above which no subsidies will be provided is a maximum of $2,876,000 per month. In between there are large variations, depending on the region, the month and the number of cohabitants.

For the most populated region of the country, the Government has estimated that the average gas consumption is 71 m3 per month if a family is made up of 3 to 4 members, with a minimum of 36 m3 and a maximum of 142 m3, while for Electricity average consumption is 165 kWh per month, with a minimum of 157 kWh and a maximum of 188 kWh. This is what is considered “reasonable”, based on the weather conditions.

If the income of that “cohabiting group” exceeded $319,720 in December (less than two minimum pensions and the bonus, which at present value amounts to $410,000) the subsidies would not apply to them, as the CBE would cost around $31,972. This is the month when Basketball would be cheapest; At the other extreme, July would be the month with the highest consumption and where the CBE would be most expensive, at around $78,998. At that time, the income limit to receive state aid would be $789,980.

It should be clarified that the amounts will be updated based on the evolution of inflation and salaries, as well as that they will be conditional on users not purchasing Dollars or any other foreign currency in the last 3 months; which they did not achieve Travelling abroad if they are non-neighbouring countries in the last 5 years; that they don’t use prepaid not tied to their work in a dependent relationship; and who don’t have a car or motorbike less than 5 years oldamong multiple exclusion criteria.