Sabesp will increase SP’s water bill by 9.6% – 04/10/2023 – Market

The water and sanitation company of the State of São Paulo, Sabesp, informed late on Thursday night (6) that the São Paulo regulatory agency Arsesp authorized the company to raise its tariffs by 9.56% in relation to the amounts currently charged. .

The adjustment process, among other factors, considered IPCA inflation of 5.6% in the 12 months through February, an extraordinary tariff review result of 5.55% and a “compensatory adjustment” related to 2021 to be discounted from 1. 4%, informed Sabesp in a material fact.

The company’s new tariffs will come into effect from May 10, Sabesp said.

PRIVATIZATION AND SPLIT

On Friday (7), Sabesp stated that the so-called “non-enforceability of bidding” for hiring support and consulting services for privatization studies of the company was ratified and published in the “Official State Gazette”.

With this, the company should sign this Monday (10) the contracting of the IFC (International Finance Corporation) to advise the process.

Sabesp also announced its departure from Aesbe (Brazilian Association of State Sanitation Companies), citing disagreements between the company’s current management and the entity’s positions on the readjustment of the sanitation framework. In addition to Sabesp, Copasa, from Minas Gerais, left the entity.

In a statement, Aesbe stated that it was “surprised” by the requests for the two companies to leave the entity, “given that the two companies have not expressed opposition to the position of the association’s association of associates and board of directors at any time in recent years”.