Brazils electricity charges still in world top dozen

Despite the country’s 2012 package of measures to reduce the cost of electricity in Brazil, the costs of the commodity are still among the top twelve in the world. Apparently Brazil is still the eleventh most expensive country in the world.

This is shown by the results of a recent survey by FIRJAN- the Federation of Industries of Rio de Janeiro. Apparently, state and federal taxes on electricity supply are a major part of the problem, accounting as they do for over one third of the cost to consumers.

Needless to say both state and national administrations are reluctant to give up such a lucrative source of income.

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