Energisa

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Consolidated free and captive electricity consumption (3,004.3 GWh) in Energisa Group’s concessions shrank in February 2021 by 3.7% on the same month last year. This performance is directly related to the economic slowdown following the ramping up of pandemic restrictions.

Rural consumption rose by 0.4% (1.1 GWh), driven by results in the concession areas of EPB + 13.9% (3.9 GWh), which arose as a result of the low volume of rainfall (triggering greater use of irrigation systems); ETO + 10.2% (1.9 GWh), driven by rice and egg production; EMG + 6.7% (1.0 GWh) and ENF + 23.1 (0.1 GWh), resulting from the smaller comparison basis in Feb/20, due to the higher volume of rainfall, which disrupted local agriculture.

The commercial sector contracted by 13.8% (87.9 GWh), influenced by the calendar effect and restrictions. Elsewhere, the residential sector contracted by 2.7% (31.9 GWh) given the larger basis in Feb/20 (above-average growth) and the combination of warmer weather with a shorter billing calendar in the period. This sector reported lower consumption across five DisCos:  EMS – 12.4% (23.9 GWh), ERO – 8.9% (10.2 GWh), EMT -3.4% (9.2 GWh), ESE -1.3% (1.3 GWh) and EAC -1.7% (0.8 GWh). Contrastingly, consumption rose in the concessions of EPB (+4.4% or 7.1 GWh) and ESS (+0.5% or 0.7 GWh), propelled by warmer temperatures and dryer weather, EMG (+6.8% or 3.2 GWh) and ENF (+3.4% or 0.5 GWh), both due to the smaller base in Feb/20, ETO (+1.9% 1.6 GWh) and EBO (+1.8% 0.4 GWh).

Industrial consumption also contracted 1.0% (6.0 GWh). ESE bore the brunt of the decrease (-17.7% or 7.5 GWh), chiefly impacted by the natural gas and concrete industries; followed by ESS (-2.9% or 3.3 GWh), affected by the downturn in the automotive sector, which has been hit hard by the pandemic; EPB (-4.3% or 2.8 GWh), mainly because of the mining industry, which has been diminishing consumption since 2020; ERO (-6.8% or 2.7 GWh) and EAC (-6.9% or 0.2 GWh), primarily affected by the food sector. Moreover, higher industrial consumption was reported by EMT (+2.4% or 3.8 GWh), driven by nonmetallic minerals; EMS (+3.1% 3.3 GWh), mainly due to the metalworking sector; and EMG (+8.6% or 2.7), due to the mining sector.

Energisa Group’s captive and free electricity consumption (6,046.4 GWh) fell 1.6% in the first two months of 2021 in relation to the same period last year. In comparison with the first two months of the previous year, 8 of its 11 DisCos experienced lower consumption. This performance was sustained by the commercial performance of the DisCos, the segment hit hardest by social isolation restrictions.

Click here to read the Investor Relations Newsletter, edition March 2021.