In São Paulo, the tariff is readjusted by 2.5% for the Sabesp tariff

The news took many people by surprise. Sabesp informed that the Sanitation and Energy Regulatory Agency of the State of São Paulo (Arsesp) decided on the tariff readjustment of 2.4924% for the company.

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The letter from the Secretariat for Infrastructure and the Environment, which asked the agency for the possibility of postponement. Therefore, a readjustment for 90 days, as an additional action to the Decree that recognizes the state of public calamity.

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Due to the coronavirus pandemic, Arsesp postponed the publication of the new tariff tables to June 10, 2020.

The readjustment authorization granted to Sabesp took into account the variation in the Extended National Consumer Price Index (IPCA), the official inflation indicator, in the period, of 3.3032%; the efficiency factor, known as Factor X, of 0.6920%; and the quality factor, called Q Factor, of -0.1188%.

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Em São Paulo tarifa sofre reajuste de 2,5% Para Tarifa Da Sabesp 10 de abril de 2020

About the readjustment in São Paulo for Sabesp

Another very important thing was informed: according to Sabesp's material fact sent to the Securities and Exchange Commission (CVM).

However, it is worth remembering that these changes will continue until June 10, 2020, when the readjusted tariff tables will be published. Although including those of the municipalities of Iperó, Pereiras, Santa Branca and Santa Isabel, applicable from 30 days after its publication.

Therefore, the compensatory adjustments for the postponement of the application of the annual tariff adjustment will be calculated until June 10, 2020. This amount to be compensated will be distributed in the tariffs to be practiced. This period will be between July 10, 2020 and May 10, 2021, the date of application of the results of the 3rd Ordinary Tariff Revision in São Paulo.

Finally, Arsesp  assessed the economic balance-financial of the provision of services in order to reestablish it in a timely manner, if necessary.

And, of course, as a result of the impact of the tariff exemption on water/sewage bills for consumers in the Social Residential and Favela Residential use categories.

In short, people registered on March 19, 2020, for 90 days, for accounts issued from April 1 of this year, which will cover all municipalities operated by the company.

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