MHE extends the agreement which allows savings of 25% on electricity consumption expenses for users in the domestic category

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Press release

This version of SME was published using machine translation.

UCOM-MHE-03-31-2022.- The Minister of Hydrocarbons and Energy, Franklin Molina Ortiz, signed this Wednesday the extension of the “Tarifa Dignidad” strategic alliance agreement with the electricity companies that are part of the wholesale electricity market. “This agreement benefits the user of the housing category because it allows a 25% discount on the monthly amount of his electricity consumption”, explained the person in charge of this portfolio of the State.

Molina reported that in the 2021 administration, the Dignity Rate has benefited more than 1.3 million families across the country belonging to the category of houses, whose consumption is less than or equal to 70 kilowatt hours (kWh) in the month. Thanks to this benefit, these users have saved 116.9 million Bs. In 2022, with the extension of this agreement, the Dignity Tariff will continue to benefit families, mainly those with limited resources.

This agreement establishes that the 25% discount for users is covered by the agents belonging to the Wholesale Electricity Market, with a majority participation of public companies with more than 65% of the corresponding contribution. These entities finance the rebates granted by the Electricity Distributors to consumers in the household category.

The signing took place in the city of La Paz with the participation of the authorities of the Vice-Ministry of Electricity and Alternative Energies and representatives of the electricity companies.

The validity of the application of the Dignity Rate has been extended every four years since its creation by Supreme Decree No. 28653 of March 21, 2006.

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