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Registration for the Plan of Rational and Efficient Use of Electric Energy

Resolution No. 014, issued by the Ministry of the Popular Power for Electric Energy, was published in Official Gazette No. 40.166 of May 14, 2013. The Resolution establishes that the users listed below are under the obligation to register with, and provide the information corresponding to the Plan of Rational and Efficient Use of Electric Energy to, the Web page of Corporación Eléctrica Nacional S.A (“CORPOELEC”):

a) Users with a demand exceeding two megawatts (2MW).

b) Users exempted from meeting the energy saving targets prescribed in Resolution No. 76, published in Official Gazette No. 36.694 of June 13, 2011; and industrial users that wish to establish their saving targets according to the consumption indexes under article 4 of Resolution No. 76 mentioned above.

c)  All agencies and entities of the Public Administration.

The information required must be provided within a period of 30 business days as from May 14, 2013.  Non-performance of the obligations established in this Resolution will entail the following penalties:

1. The penalties prescribed in article 103 of the Organic Law of the Electric System and Service, for the users mentioned in letter “a”.

2. The surcharges prescribed in Resolution No. 76, for the users mentioned in letter “b”.

3. The forwarding of the file resulting from the nonperformance to the Comptroller General’s Office of the Republic in order for it to bring the proceeding to determine the relevant liability, for the users mentioned in letter “c”.

The Resolution establishes that the Ministry of the Popular Power for Electric Energy may carry out the necessary inspections and supervision in order to determine the compliance with the Plans of Rational and Efficient Use of Electric Energy and to bring the penalizing proceedings in the event of non-compliance.

The Resolution became effective on May 14, 2013.

In order to access the Resolution, please click here.

 

“NOTE: THIS INFORMATION SHOULD NOT BE CONSTRUED AS LEGAL ADVICE ON ANY SPECIFIC MATTER AND ITS CONTENT ARE INTENDED AS A MANAGEMENT ALERT AS TO CURRENT DEVELOPMENTS IN VENEZUELA, ANY SPECIFIC LEGAL QUESTIONS REGARDING THE POSSIBLE APPLICATION OF NEW OR PROPOSED LEGISLATION TO PARTICULAR SITUATIONS SHOULD BE ADDRESSED TO TRAVIESO EVANS ARRIA RENGEL & PAZ.”