Argentine gov't increases up to 30% electricity charges for big residential consumers and 10 per cent for industry and commerceresidential consumers

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Argentine Planning Minister Julio De Vido announced that this increase will be in force as of July for power distributors Edenor, Edesur, and Edelap, and power transportation company Transener. The rise will also affect 24 per cent of big residential consumers, i.e. those who use over 600 KW every two months. Julio De Vido said the aim of this increment is "to avoid incorporating new subsidies" and to achieve "a better income distribution and a rational use of energy." He pointed out that "industry and commerce's average rise will be 10 per cent."

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