Economy

Producing your own electricity to get more costly in Brazil

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 who generate their own power are funded by the rest of the Brazilian population, which has faced successive increases in electricity bills in recent years. Between 2014 and 2017, the average increase in Brazilian electricity tariffs was 31.5 percent.

Generating power at home

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