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Brazil: with Lula, Itaipu will cost US$380 million more in the electricity bill

This month, an agreement reached between Brazil and Paraguay will generate an additional cost in the electricity bill of R$1.9 billion (US$380 million) to Brazilian consumers.

The amount is related to the new tariff of Itaipu, of approximately R$85 (US$16.82), which increased the operating expenses from just over R$5 billion in 2022 to R$7.6 billion this year.

Until 2021, operating expenses had been stable, at about R$3.8 billion per year.

Last year, the tariff agreement made by the government of former president Subscribe to our Premium Membership Plan. Already Subscribed?

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