Business

Producing your own electricity to get more costly in Brazil

Energy Producing own electricity more costly Brazil
Photovoltaic power plant on the roof of a residential building. Photo: Andre Nery

In October, Brazilian regulators began reviewing the rules of a benefits program for consumers to install their own equipment in their homes or offices to generate energy for their own consumption.

The discussion is being led by the National Electricity Agency (Aneel), which has proposed a timetable to do away with these benefits by 2030. According to Aneel, the program created in 2012 has already fulfilled its role, which was to allow for the development of the industry and reduce the cost of equipment used to generate one’s own electricity.

Furthermore, Aneel says that the subsidies given to consumers...

Access all of The Brazilian Report

Less expensive than a coffee!

Enjoy your 30-day limited-time offer for US$ 0.25 a week