ACENOR presents market situation report and electricity cost projections for consumers

This is an automated translation of the original release published in Spanish

PRESS RELEASE from Acenor
November 23, 2023

Santiago, November 23, 2023.- The executive director of the Electricity Customers Association, Javier Bustos, released a report prepared by ACENOR that details the current situation of the Chilean electricity market and supply cost projections for consumers.

Bustos highlighted relevant aspects of the current operation of the electricity market that affect free customers.

"Today we are experiencing a change in the trend of international fuel prices, after the sharp rise of the last two years, but in the electricity sector they have not yet fallen as much as they should, especially in coal prices," explained the representative of free customers.

At the breakfast, attended by representatives of companies from different productive sectors such as mining, health services, steel, food and the glass industry, Javier Bustos explained the evolution of the average prices of free contracts, according to public information, in addition to making known the implications of the regulations that are currently being processed in Congress.

The presentation also included the different charges currently paid by free customers and the trend expected of them in 2024. Along these lines, projections on the behavior of marginal costs, systemic charges for technical minimums, complementary services and price were addressed. stabilized, as well as regulated charges for national transmission, distribution, public service charge and power prices.

The day ended with questions from the attendees and with reflections on the importance of users being informed, especially in a context in which the situation of the Chilean electricity sector has become more changing every day and difficult for consumers to understand.