For rooftop PV solar here in Brazil, that might be good news.
The government has just announced the end of direct Treasury subsidies to its Energy Development Account (CDE in Portuguese), which according to the 2015 budget were set to total R$9 bn ($3.4 bn).
This subsidy – used for ongoing programmes such as expanding electricity supply to remote rural areas and subsidising power bills of low-income families – will now be paid by consumers, which means that electricity prices will rise an estimated 30% for residential consumers and just over 10% for industrial and commercial users, according to market projections.
That
