Brief: Portugal's ERSE Proposes New Electricity Tariffs In 2026 - EDP

Edp SA

16/10/2025 06:34

Oct 16 (Reuters) - EDP SA EDP.LS:

PORTUGUESE ELECTRICITY REGULATOR ERSE ANNOUNCES PROPOSAL FOR ELECTRICITY TARIFFS IN 2026 AND PARAMETERS FOR 2026-2029

ERSE PROPOSES 1.0% INCREASE COMPARED TO 2025 IN END USERS' REGULATED ELECTRICITY TARIFFS FOR 2026 IN NORMAL LOW VOLTAGE (NLV) SEGMENT

ERSE PROPOSES REGULATED GROSS PROFIT FOR ACTIVITY OF ELECTRICITY DISTRIBUTION, OPERATED BY E-REDES, OF 1.22 BILLION EUROS IN 2026, INCREASE OF 93 MILLION EUROS YOY

ERSE PROPOSES REGULATORY PARAMETERS FOR 2026-2029, WITH PRELIMINARY RATE OF RETURN (ROR) OF 6.33% BEFORE TAXES COMPARED TO 4.70% IN CURRENT REGULATORY PERIOD

IN 2027, 2028 AND 2029, OPEX BASE AND CAPEX BASE OF ELECTRICITY DISTRIBUTION, SHOULD BE ADJUSTED ANNUALLY FOR EFFICIENCY FACTOR OF "GDP DEFLATOR – 0.50%", COMPARED WITH CURRENT EFFICIENCY FACTOR OF 0.75%

FOR LAST RESORT ELECTRICITY SUPPLY ERSE PROPOSES REGULATED GROSS PROFIT OF 47 MILLION EUROS IN 2026

ERSE EXPECTS AMOUNT OF TARIFF DEFICIT OF ELECTRICITY SYSTEM IN PORTUGAL TO CONTINUE TO DECREASE IN 2026 TO 1.08 BILLION EUROS

TARIFFS ADVISORY BOARD SHALL ISSUE NONBINDING OPINION UNTIL NOV 15 AND ERSE WILL APPROVE FINAL TARIFFS AND PARAMETERS UNTIL DEC 15

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