Sabesp - Material Fact: Calculation of the P0 and Revision Tariff Structure
Sabesp announced compliance with local regulations regarding tariff revisions.
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Rhea-AI Summary
Sabesp announced compliance with local regulations regarding tariff revisions. This follows prior announcements concerning the Maximum Average Tariff (P0) and X Factor through public consultation. The São Paulo State Public Services Regulatory Agency (ARSESP) published Resolution No. 1.150/2021, which details these tariff calculations and necessary reports. Investors can access the full resolution and technical notes via ARSESP's website. Detailed documentation includes a Tariff Rate Simulator and various circumstantial reports regarding the proposed tariff structure revision.
Positive
- Compliance with regulatory requirements may enhance investor confidence.
- Release of detailed technical notes and simulations provides transparency for stakeholders.
Negative
- Potential implications for revenue due to tariff structure revisions.
- Uncertainty regarding the actual impact on consumer pricing and demand.
Details
News Market Reaction – SBS
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SÃO PAULO, April 9, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp") in compliance with the provisions of Article 157, Paragraph 4 of Law 6,404/76 and the provisions of CVM Instruction 358/02, in continuity to the Material Fact published on January 28, 2021 and the Notices to the Market published on March 8 and 10, 2021, informs to its shareholders and the market in general that São Paulo State Public Services Regulatory Agency (ARSESP - Agência Reguladora de Serviços Públicos do Estado de São Paulo) disclosed Resolution Nº 1.150/2021, regarding to Public Consultation 03/2021 – Calculation of the Maximum Average Tariff (P0) and X Factor of the Third Ordinary Tariff Revision and 04/2021 – Proposed Revision of Sabesp's Tariff Structure.
Along with the Resolution were released the respective Final Technical Notes and Circumstanced Reports.
The Resolution and the other documents can be accessed on the ARSESP website or on the following links:
- Resolution Nº 1.150/2021
- Tariff Rate Simulator
- Circunstamced Report 02/2021 – Proposed Calculation of the Maximum Average Tariff (P0) and X Factor
- Final Technical Note 16/2021 – Calculation of the Maximum Average Tariff (P0) and X Factor
- Circunstamced Report 03/2021 – Proposed Revision of Sabesp's Tariff Structure
- Final Technical Note 17/2021 – Revision of Sabesp's Tariff Structure
IR Contacts:
Mario Arruda Sampaio – (55 11) 3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi – (55 11) 3388-8793 (abairoldi@sabesp.com.br)
View original content:http://www.prnewswire.com/news-releases/sabesp--material-fact-calculation-of-the-p0-and-revision-tariff-structure-301265616.html
SOURCE Sabesp
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