Repeal of Resolution No. 080 on efficient use of electric energy in Venezuela
Resolution No. 033 of the Ministry of the Popular Power for Electric Energy was published in Official Gazette No. 40,236 of August 26, 2013. The Resolution fully repeals Resolution No. 080, dated September 9, 2011, published in Official Gazette No. 39,759 of September 16, 2011.
The reason for the foregoing is that the extraordinary measures adopted in year 2011 to mitigate the growth of national energy consumption must be updated, in order to encourage the rational and efficient use of electric energy by residential users.
This Resolution became effective upon its publication in the Official Gazette of the Bolivarian Republic of Venezuela.
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.”