Energisa S A : Aneel ratifies Extraordinary Rate-Setting Reviews of EMT and EMS
July 26, 2022 at 06:12 pm EDT
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ENERGISA S.A.
CNPJ/MF nº 00.864.214/0001-06
A publicly held company
PRESS RELEASE
Aneel ratifies Extraordinary Rate-Setting Reviews of EMT and EMS
A Energisa S.A. ("Energisa" or "Company") hereby announces that at an ordinary public meeting by its board held on this date, the National Electricity Regulatory Agency ("Aneel") approved the Extraordinary Rate-SettingReviews of Energisa Mato Grosso ("EMT") and Energisa Mato Grosso do Sul ("EMS"), in compliance with Law 14.385/2022, which addresses the returning to consumers in the concession area of tax credits associated with overtaxation as a result of adding ICMS to the PIS / COFINScalculation base.
These two tariff revisions use PIS/Confins tax credits to reduce customers' current tariff by 1.38%, at EMT, and 1.30%, at EMS. The measure is possible due to the favorable court decision obtained by the concessionaires to reduce the calculation basis of the two taxes. These lawsuits have already been judged and the tax credits have been authorized by the Federal Revenue Service, which provides legal certainty for their application. The new rate will apply from July 27, 2022.
Law 14.385/2022 determined that as from qualification of the credit by the Brazilian federal tax authorities (RFB), the entire credit already offset should be returned to consumersand also an estimate of what will be compensated until the next tariff event based on the monthly capacity of compensation from each distributor. We clarify that in the Annual Tariff Adjustments (RTAs) of 2022, EMT and EMS had already anticipated part of the amount, even without compensation by the RBF. Thus, in these RTEs, the values referring to the rest of the nine future months until the next tariff process in Apr/23 are being considered.
➢ Extraordinary Rate-Setting Reviews Discos:
DisCo
Average Effect
High Voltage
Low voltage
RTEs
(HV)
(LV)
EMT
-1.38%
-1.33%
-1.40%
EMS
-1.30%
-1.27%
-1.31%
➢
Extraordinary Rate-Setting Reviews Discos:
PIS/ COFINS
PIS/COFINS
DisCo
Credits (RTA)
Credits (RTE)
Total
EMT
230,000,000
89,110,300
319,110,300
EMS
101,000,000
50,740,000
151,740,000
Energisa is tracking the development of measures approved to mitigate rate adjustments in all its concessions, in order to ensure that the changes are applied with legal security and transparency for customers and companies.
Cataguases, July 26, 2022.
Maurício Perez Botelho
CFO and Investor Relations Officer
Energisa S.A. - MATRIZ
Energisa S.A. - FILIAL
Praça Rui Barbosa, 80/parte | Centro |
Rua Praia de Botafogo, 228/13º andar | Edifício Argentina
Energisa SA published this content on 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 22:11:07 UTC.
Energisa SA is a Brazil-based holding company involved in the energy sector. Through its subsidiaries, the Company is mainly engaged in the distribution and marketing of electric energy. It distributes energy for residential, industrial, commercial and rural consumption. The Company operates in the states of Rio de Janeiro, Sao Paulo, Parana, Minas Gerais, Sergipe, Paraiba, Mato Grosso, Mato Grosso do Sul, Tocantins, Rondonia and Acre. In addition to entities engaged in the electric energy distribution, the Company's subsidiaries include Energisa Solucoes SA, which provides services related to generation and distribution of electric power; Energisa Servicos Aereos SA, which provides thermographic inspection services; and Energisa Planejamento e Corretagem Seguros Ltda, involved in the insurance brokerage, among others.
ENERGISA S.A. 
