Brazilian government proposes a reform of the electricity sector with expanded social tariffs and market opening to all consumers

The Ministry of Mines and Energy (MME) presented a draft legislative proposal that could reduce energy bills for low-income families at a cost of $620 million, which, diluted in the tariffs of other consumers, would have an effect of 0.9% on tariffs.Last week, the Brazilian Ministry of Mines and Energy (MME) presented a legislative proposal to reform the Brazilian electricity sector. The proposal focuses on three axes: tariff justice, freedom of…