Aneel Opens 2026 CDE Review as It Moves on Tariffs and Concessions

Overview

• Aneel launched a public consultation on the 2026 CDE budget of R$52.7 billion, open from Dec. 10 to Jan. 26, with final approval expected in February.
• Consumers would cover R$47.8 billion of the fund through power bills, with the largest jump tied to distributed generation subsidies, projected to rise about 87%.
• The agency also opened a consultation on repactuating hydropower royalty payments (UBP), with technicians estimating R$8.8 billion for tariff relief in 2025–2026 for areas under Sudene and Sudam.
• The board approved an average 11.54% annual tariff increase for Energisa Acre effective Dec. 13, affecting roughly 390,000 customers.
• Aneel recommended a 30‑year renewal for Energisa Mato Grosso, while it postponed Enel Ceará’s renewal decision after a request for review and pulled CEA Equatorial’s tariff case at the company’s request due to questions over UBP cost sharing.