Considering the financial adjustments included in the previous period’s tariffs, which are associated with the recovery of tariff differences incurred in the past, the current tariff readjustment results in an effective average tariff increase of 7.13% to be applied to Escelsa’s tariffs from August 2008.
Within the annual tariff readjustment process, ANEEL recognizes in the tariffs of the distribution companies the pass-through of some cost components incurred in the previous 12 months, namely the annual change in non-controllable costs and the adjustment of the controllable costs corrected for inflation.
The regulator also recognizes financial adjustments which usually correspond to the recovery, for a 12-month period, of the non-controllable costs incurred in the past that were not covered through the tariffs.