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Aneel Keeps July Electricity Flag Yellow

The regulator said lower hydro reservoirs have forced more costly thermal generation, raising the chance of higher tariff flags later in 2026.

Overview

  • Aneel announced on June 26, 2026 that the bandeira for July will remain yellow, meaning a surcharge of R$ 1.885 per 100 kWh will continue to appear on consumer bills.
  • The agency said the decision reflects drier seasonal conditions that have cut hydropower reservoir levels and increased dispatch of thermal plants, which raise generation costs.
  • The bandeira system is a monthly signal that passes variable generation costs to consumers by adding surcharges when hydrology or market prices make generation more expensive.
  • Officials and analysts point to an expected El Niño and to metrics such as the Generation Scaling Factor and the PLD as drivers that could push the flag to red tiers later in 2026.
  • For households this means a modest, automatic rise in electricity bills now and the risk of larger monthly surcharges if rains stay below average and thermal use grows.