Energy Alert – June 2020

Settlement procedure – Transmission Systems

On June 12, the Official Gazette “El Peruano”, published Resolutions No. 055-2020-OS/CD and No. 056-2020-OS/CD, through which the annual settlement procedures of the electric transmission services of the SPT, SGT and ETECEN-ETESUR Contract, as well as the SST and SCT were adopted, respectively.

These rules, to be applied from 2021, seek to correct various aspects of the settlement rules, drawing on the experience of the settlement procedures developed in recent years.

 In this sense, Resolution No. 055-2020-OS/CD applicable to the SPT, SGT and ETECEN-ETESUR Contract, has the following scope and objectives:

• Various existing settlement rules are unified, considering that they have several similar aspects such as their regulatory structure, stages of the procedure, as well as similar concepts, parameters and formats used in the annual settlement procedures;
• Modify the Settlement Period, so that OSINERGMIN has complete information and the appropriate time for the pre-settlement and settlement stages;
• Update and standardize the values ​​of the Update Indexes to be used, considering the final one at the publication date, in cases where the Contracts allow it;
• Deadlines, means and formats are required for the settlement procedure, in order to facilitate the submission of information; and,
• Non-regulated aspects are defined in the settlement rules, such as the determination of the discount for Retired Goods (for the ETECEN-ETESUR Contract), temporary and/or provisional facilities, treatment of the Audit Reports, as well as including the related concepts to the reinforcements and extensions.

Similarly, Resolution No. 056-2020-OS/CD applicable to SST and SCT, also standardizes the various settlement rules, modifying the settlement period, updating the Update Rates, specifying deadlines applicable to the submission of various information to OSINERGMIN, including details of how the Suppliers that collect tolls must make the transfers to the various holders, specifying aspects on the application of the CMA (Average Annual Cost) and the adjusted demand used to determine the Recalculated Toll, including provisions for determining the exchange rate, among other aspects.

For more information, please contact Verónica Sattler (vsattler@estudiorodrigo.com), Alejandro Manayalle (amanayalle@estudiorodrigo.com), and/or Alvaro Klauer (aklauer@estudiorodrigo.com).