Consolidated free and captive electricity consumption (2,986.7 GWh) growth in Energisa Group’s concessions slowed down in relation to the first two months of 2019, rising by 0.8% in March on the same month last year. If uninvoiced sales are included, the volume in the month was 3,083.4 GWh, compared with 3,087.2 GWh in the same month last year. This performance is justified in part by the carnival holiday this year, which took place in March, while last year the festivities took place in February.
Despite the effect of this holiday, residential growth rose by 1.8% in the period. This segment performed strongly in the concessions of ESE (+4.5%), ETO (+3.6%), EMS (+3.5%) and EMT (+2.5%). Favorable weather effect drove up consumption in Sergipe state. At the other distribution companies’ locations, in general, temperatures were cooler, also explaining lower consumption growth rates in relation to the first months of the year. The milder weather impacted the commercial sector, which saw consumption fall by 1.1%. Industrial consumption, in turn, rose by 0.2%, driven by the concessions of EMS (+8.6%), EPB (+4.9%) and ETO (+4.5%). In these regions the food (livestock slaughter), timber and nonmetallic sectors generated the positive impacts on consumption in the month.
Driven by consistently warmer weather in the first two months of the year, Energisa Group’s captive and free electricity consumption (9,025.3 GWh) rose in the first quarter of 2019 (1Q19) by 4.6% over the same period last year. If uninvoiced sales are included the volume rises to 9,068.6 GWh, an increase of 4.9% over the same quarter of the previous year. Residential consumption performed strongly in the quarter, rising by 6.3%.
Click here to read the Investor Relations Newsletter, edition April 2019.