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Russ New Social Interest (VIS) and Priority Interest (VIP) households will receive a 70% subsidy on connection and internal gas network. Earlier, the Senate approved Bill 231/2022, which aims to establish a regulatory framework for the provision of aid. It has gone through the congressional process and is awaiting presidential approval. It will be applicable in the country for the next 12 months.
(we suggest: Colombia gas shortage plunges companies into energy crisis）
The project believes that with this support Can improve decent housing conditions and reduce poverty indicators vitality.
“Colombia is a country with every opportunity to overcome poverty and improve the living conditions of Colombians. Ensuring access to different basic public services, including gas, is crucial“, the text says The document has been submitted to the House of Representatives.
According to the final document, The resources for this subsidy will come from the Special Promotion Quota Fund or the Single Fund for Energy Solutions (Fonenergía). The government must standardize the mechanism to make new home subsidies work.
(Also read: How biomass could be an option to limit the Southwest’s reliance on natural gas）
Now, with respect The remaining 30% corresponds to the connection “Will be included in the value of the home financed by a financial institution or paid for directly By the beneficiary”, ensuring approved projects.
natural gas
Photo: iStock
Regarding the amount of subsidy, The Ministry of Mines and Energy will determine the maximum amount of the subsidy The remaining 30% must be funded by users.
While the document states that subsidies will be for new homes, including VIS and VIP, it also states: Will use household income per capita and Sisbén scores as targeting mechanisms.
(Out of interest: During the transition, fossil fuels will account for 25% of the energy matrix）
“This decision is a This is good news for the low-income families who buy these new homes. Because they will have access to low-emission fuels such as liquefied petroleum gas (commonly known as LPG or propane gas), which is also distributed through the household network.said Alejandro Martínez Villegas, president of Gasnova, the Colombian LPG association.
The document statesThe subsidies will not be paid directly to users, but to home builders. That way they are the ones who do the engineering and bring it home.
Alejandro Martínez Villegas, President of Gasnova
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The fiscal account dilemma
Congress approves the new subsidy It takes place within the framework of the strict accounts of the National Treasury. In fact, Finance Minister Ricardo Bonilla announced in recent days that they are working on budget cuts of up to $20 billion to balance the accounts affected by the tax shortfall.
Bills related to this subsidy There is no estimate of the cost of the application or its tax impact, Although he admitted Must adapt to the objectives of the medium-term fiscal framework Of the National Government.
(Respected: Government proposes changes to gas imports and sales in response to deficit alarm）
In the coming days, the Treasury must submit an update to the fiscal framework, along with the expenditure framework and the general national budget, to set out the impact of the application and the resources allocated for this subsidy.
Ricardo Bonilla, Minister of Finance.
Courtesy of Aso Bankaria.
In an explanatory statement submitted by the Senate of the Republic, it is estimated that cThe average connection (the portion from the distributor to the price, including the meter) is approximately $1 million for residential units on floors 1 and 2. Similarly, it is estimated that internal networking may cost an additional $1 million per home, depending on the interior features.
According to the above document, this indicates The total cost per home could range from $1.8 to $2 million Located in Strata 1 and 2.
(Out of interest: With the new discovery, ANH hopes to increase its gas reserves by the end of this year）
For the user, this means paying up to $600,000 in total for the above connections, so if financed within the price range of the house for 15 years and with an effective annual interest rate of 20%, it means that the consumer must pay $10,000 per connection per month.
Currently, the document requires presidential approval and subsequent regulation of the mechanism. Martínez celebrated the progress of the project and its impact on the penetration of the service in the country.
Daniela Morales Soler
Portfolio Reporter
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