Monday, August 11, 2014

Mexico, DF.- For the second consecutive day, the House of Representatives l ibran night session and


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Mexico, DF.- For the second consecutive day, the House of Representatives l ibran night session and approved during the morning of that Wednesday the new legal framework for the electricity arbitrage sector.
With 331 votes in favor and 128 against approved in general, the decree issued by the "Law of the Electricity Industry and Geothermal Energy" second opinion of the package arbitrage of energy laws.
"The participation of private companies in the sector seeking to promote investments and create conditions of competition which offer users more affordable choices and encourage the development of the industry with more employment opportunities, training and technological development," said committee chairman Power, Marco Antonio Bernal.
The reform divided the provision of electric service: the Federal Commission of Electricity (CFE) will supply basic service arbitrage to small and medium users of residential, commercial and industrial ,. The new companies will invest in the electricity market will meet the major energy consumers.
National Energy Control Center, responsible for conducting auctions for electricity contracts covering private companies that will serve heavy users is created.
"Plaintiffs electricity that will give you cash and give you the chance to market power in order to compete in this competition to cheap inputs and the generation, as the gas may have in the future; mean, median, within 4 or 5 years rates more in line with the international situation and are not hurting the pockets arbitrage of families in Mexican households, "said Deputy National Action Party (PAN), Juan Bueno Torio.
"The gravest lie in this opinion is that the disappearance of hidden arbitrage subsidy in electricity rates, raising auto with consequent damage to the family economy," Aleida Alavez, Member of the Party of the Democratic Revolution (PRD).
"The Federal Executive shall, as before, by agreement, a binding mechanism arbitrage different from the actual price where the subsidy will, as at present rates. It is necessary to emphasize: no subsidy, arbitrage unlike additionally removes certain groups arbitrage including targeted support will be a "noted Irazema González.
Fine of up to 13 million 458 thousand pesos to prevent inspectors who verify arbitrage the operation of meters and electrical installations, placing diablitos be punished with up to 3 million 364 thousand 500 pesos.
Companies arbitrage suspend transmission or distribution arbitrage service across the board, without just cause, to pay a fine of up to 10 percent of gross revenue.
With the votes of the PRI, PAN and New Alliance will acotaron that the use of land for public purposes will only be for the transmission service, arbitrage distribution and construction of electricity generation plants.
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