|Concession Area||Population Density||Captive + Free||Km
|Annual Permitted Revenue
|Início da operação|
|EGO||03||005/2016||136 km (CD)||254,4||42,3||ago/21|
|EPA||26 e 19||005/2016 e 002/2018||296 km (CD) e 139 km (CD/CS)||340,2 e 396,7||53,3 e 36,9||nov/20 e mar/23|
|ETT||04||004/2018||772 km (CS)||627,4||66,3||mar/ 24|
|EAM||11||dez/20||418 km (CD/CS)||882,2||63,0||mar/26|
Information about our concessions
Energisa has 11 electricity concessions dotted around Brazil’s 5 regions.
The concession covers Tocantins state, including the municipalities of Palmas and Araguaína, which account for nearly 40% of local consumption. In terms of individual sectors, residential consumption accounted for nearly half of local energy consumption, driven by the warmer weather experienced in most of the year. The trade sector is the second largest energy consumer, followed by industry and rural activities, especially food production, above all animal protein, soy and corn products and segments related to the construction and agricultural inputs chain.
The concession covers Rondônia state, including the capital Porto Velho, which accounts for nearly 1/3 of local consumption. In terms of individual sectors, residential consumption accounted for nearly half of local energy consumption, driven by the warmer weather experienced in most of the year. The trade sector is the second largest energy consumer, followed by industry and rural activities, especially food production, above all animal protein and dairy, and segments related to the construction chain.
The concession covers Acre state, including the capital Rio Branco, which accounts for nearly 2/3 of local consumption. In terms of individual sectors, residential consumption accounted for approximately half of local energy consumption, driven by the warmer weather experienced in most of the year. The trade sector is the second largest energy consumer, followed by rural and industry activities, especially food production, above all animal protein, timber and segments related to the construction chain.
EPB e EBO
The EPB+EBO covers Paraíba state, including the municipalities of João Pessoa and Campina Grande. The residential sector led consumption, accounting for more than 40% of local electricity consumption, driven by the warmer weather experienced in most of the year. Trade and industry are the next highest energy consumers, fueled by textile, footwear, cement and food production. Rural consumption was driven by sugar producers.
The residential sector accounts for the highest consumption in the concession covering Sergipe state, including the municipality of Aracajú, with more than 40% of local electricity consumption, driven by the warmer weather experienced in most of the year. The trade sector is the second largest energy consumer, followed by industry, especially textile and food production and segments related to the construction and oil and gas sectors.
EMT e EMS
The Group’s concessions in Midwest Brazil are heavily dependent on agribusiness, especially the grain and animal protein production chains. In addition to the local economy, the dynamic nature of these activities also impacts the energy consumption by industry and rural and commercial properties, which jointly account for more than half of the region’s electricity consumption. As a result of the warmer weather experienced in most of the year, residential consumption was also strong, accounting for roughly 35% of local electricity consumption.
South and Southest:
The South and Southeast concession primarily includes municipalities in upstate São Paulo, especially Presidente Prudente, Bragança Paulista and Catanduva, which jointly account for one third of local electricity consumption. The industry has a strong presence, accounting for nearly 30% of the region’s energy consumption – the largest local participation amongst the Group’s distribution companies. Food production, paper and pulp and the vehicles sectors were behind the positive performance. Accounting for nearly 10% of consumption, the rural sector was driven by farmers in the citrus belt, on irrigation activities, egg producers, sugar factories and other entities. The residential sector accounted for the highest proportion of consumption, with more than one third of local electricity demand.
EMG e ENF
EMG’s concession covers 71 municipalities in Minas Gerais state, including Muriaé, Ubá, Manhuaçu, Cataguases and Leopoldina. Residential consumption accounts for nearly 40% of local electricity consumption. Industry is the second largest energy consumer, especially the food, textile, furniture and mining segments. Rural consumption was driven by coffee producers. Local households account for more than half of the electricity consumption of ENF, with 2 municipalities in Rio de Janeiro: Nova Friburgo and Bom Jardim. This concession experiences mild weather most of the year, as it is located in the highlands. The commercial sector is the second largest energy consumer, followed by industry, also driven by metal products and textiles. These sectors jointly account for roughly 1/3 of local electricity consumption.
Click here to download Excel Market Tables.
Click here to download the powerpoint regarding the evolution of the market since 2012.
Expiry of the concessions
|Company||Year acquired by Energisa||Concession commencement||Concession expiry||Contract type||Has it already been renewed under Energisa’s control?|
|DisCo||Rate Anniversary||Latest Review||Next Review||Review Frequency||Current Cycle||Latest Rate Event||Pmix (R$/MWh)||% Adjustment||Net BRR (R$ mm)||B portion DRA (R$ mm)||B portion DRP (R$ mm)|
|EMG||06/22||06/22/2021||06/22/2026||5 years||Cycle 5||Revision||272.76||+ 9.10||518.7||245.9||265.2|
|ENF||06/22||06/22/2021||06/22/2026||5 years||Cycle 5||Revision||260.00||+ 4.95||122.0||50.4||51.9|
|ESE||04/22||04/22/2018||04/22/2023||5 years||Cycle 4||Adjustment||202.65||+ 8.90||797.3||455.2||582.4|
|EBO||02/04||02/04/2021||02/04/2025||4 years||Cycle 5||Revision||207.21||+ 5.21||160.7||88.4||88.4|
|EPB||08/28||08/28/2021||08/28/2025||4 years||Cycle 5||Adjustment||200.85||+ 7.08||1,762.3||849.2||1,137.8|
|EMT||04/08||04/08/2018||04/08/2023||5 years||Cycle 4||Adjustment||260.66||+ 8.90||3,459.8||1,817.4||2,384.1|
|EMS||04/08||04/08/2018||04/08/2023||5 years||Cycle 4||Adjustment||234.64||+ 8.90||1,864.5||1,018.0||1,338.7|
|ETO||07/04||07/04/2021||07/04/2025||5 years||Cycle 5||Adjustment||213.10||+ 4.04||1,370.5||660.0||709.6|
|ESS||07/12||07/12/2021||07/12/2026||5 years||Cycle 5||Revision||217.32||+ 9.84||1,102.6||409.1||450.3|
|ERO*||12/13||12/13/2020||12/13/2023||5 years||Cycle 4||Adjustment||177.49||+ 6.93||1,566.9||663.6||696.0|
|EAC*||12/13||12/13/2020||12/13/2023||5 years||Cycle 4||Adjustment||169.80||+ 9.90||596.0||294.2||312.0|
* Extraordinary Review on 12/13/2020.
For further details about the electric sector’s regulations, please see: https://ri.energisa.com.br/setor-eletrico-brasileiro/
To see the history of the B Portion and Remuneration Base, view the tabs “Regulatory – Portion B” and “Regulatory – BRR” in our database: https://ri.energisa.com.br/informacoes-financeiras-e-operacionais/resultados-interativos/
|DisCo||Sparta Latest Review||NT Latest Review||Sparta Latest Adjustment||NT Lastest Adjustment|
Click on the link below to visit the Aneel site presenting the Spartas and Technical Notes for each rate event: https://www.aneel.gov.br/resultado-dos-processos-tarifarios-de-distribuicao
Energisa Group’s activities also include energy transmission assets resulting from the acquisitions of 6 lots at auctions in 2017, 2018, 2020 and 2021. In 2020 we managed to deliver 2 ventures, Goiás I (03/13/2020) and Pará I (11/12/2020), 17 and 16 months before schedule respectively. The investments in these two lots amounted to R$ 594.6 million, of which R$ 111.8 million was invested in 2020. These ventures represent Annual Permitted Revenue (“RAP”) of R$ 100.5 million (20211-2022 cycle). On 10/19/2020 two lines of Energisa Tocantins Transmissora (ETT) were awarded their construction licenses and began their respective works. ETT’s total estimated investment is R$ 672.5 million and a RAP of R$ 71.5 million. Line three in the section between Dianópolis (TO) and Barreiras (BA) received the installation license from IBAMA on 12/15/2020, thus completing the venture’s environmental licensing process. All sections of Energisa Tocantins Transmissora are being built on schedule. The Company also successfully bid for Lot 11 in the transmission auction held in December 2020. Called Energisa Amazonas (EAM), this project entails the acquisition of existing assets and building, revitalizing and upgrading substations and transmission lines. This venture aims to serve the metropolitan region of Manaus and Presidente Figueiredo. Aneel has estimated investment for this venture of R$ 915.5 million, of which R$ 239.3 million will be spent on acquiring existing assets paid to Amazonas Geração on 03/30/21 and the remainder on revitalizations and construction work. Its total RAP is R$ 67.8 million (2021-2022 cycle). In June this year we again prevailed at the ANEEL transmission auction, acquiring lot 04. The new project called Energisa Tocantins Transmissora II (ETT-II) consists of acquiring the new 138-kV yard of the Gurupi Substation. This acquisition provides an important synergy with Energisa Tocantins Transmissora, as its concession scope contains the new 230 kV sector of the Gurupi Substation. ANEEL estimates the investment for this new project at R$ 74.9 million, and a RAP total of R$ 4.3 million.
On February 16, 2021 Energisa Pará II (EPA II) concluded a 72.3 km section (230 kV) out of the total 139 km. The investments in this stage amounted to R$ 80.0 million, 20% of the total estimated investment, and its RAP is R$ 3.1 million, 8.6% of the venture’s total revenue. This operation was completed 25 months before the regulatory start date. The remaining works on this lot are expected to finish before the deadline of March 2023. It is worth mentioning that the total capex forecast for this project is R$ 411.6 million with a RAP of R$39.0 million (2021-2022 cycle).
The six lots jointly possess Annual Permitted Revenue (RAP) of R$ 283.1 million (2021-22 round) and an estimated total investment of R$ 2,647.3 million.
Click here to access this and other data about the transmission lots in Excel:
|EGO I||–||Presumed Profit|
|EPA I||–||Presumed Profit|
|EPA II||–||Presumed Profit|
|ETT||–||SUDAM (as from the time the taxable income basis begins to be used)|
|EAM||–||SUDAM (as from the time the taxable income basis begins to be used)|