Aneel Approves Change in Equatorial Amapá’s Tariff Adjustment Date

The Aneel approved the alteration of the base date for tariff adjustments of Equatorial Amapá, aiming to protect consumer budgets and optimize the distributor’s regulatory process schedule.

The National Electric Energy Agency (Aneel) formalized a strategic change to Equatorial Amapá (CEA)‘s contractual calendar this Tuesday, August 11. Henceforth, the concessionaire’s annual adjustment and tariff review cycle will occur on May 25, moving away from the original date of December 13.

The measure addresses a direct request from the Amapá Electric Energy Consumers’ Council (Conceap). The central objective is to prevent the concentration of two tariff processes within a short timeframe in 2026, a scenario that arose due to delays in the approval of the 2025 adjustment, which was only finalized in April 2026.

Alignment with Consumer Financial Reality

Conceap argued that the temporal misalignment created uncertainties and additional financial burdens for the approximately 280,000 customers served by CEA in the state. By shifting the adjustment to May, the regulatory agency seeks to provide greater predictability and align potential tariff impacts with the financial planning of families and businesses in Amapá.

For the change to be authorized, the concessionaire requested the preservation of its economic-financial neutrality, seeking to maintain indicators such as the original WACC (Weighted Average Cost of Capital) and X Factor. Aneel accepted part of the demands, ensuring the maintenance of the 2026 regulatory premises, but imposed clear limits on financial compensation.

“The board understood that the distributor’s specific financing cost is a matter of business management and that there is no regulatory provision for its automatic pass-through to consumers.”

Balance Between Concessionaire and Regulator

Although Equatorial Amapá advocated for the application of a financial spread on the revenue variation generated by the date change, Aneel vetoed the additional cost. The agency determined that the compensation should only be corrected by the Selic rate, maintaining compliance with the procedures established in Proret (Tariff Regulation Procedures).

Furthermore, the agency denied the early implementation of economic tariffs requested by the company for December 2026. Aneel‘s decision reinforces that the priority is to avoid tariff increases during sensitive periods for consumers, maintaining coherence with the original purpose of the calendar alteration.

With this new definition, Equatorial Amapá‘s next tariff cycle will be guided by the new schedule, bringing stability to the local electricity sector. The expectation is that the adjustment will help mitigate volatilities and establish a more balanced relationship between the cost of clean energy and the purchasing power of the population in the state.