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Water prices expected to rise by 8.5% - The Portugal News

The Portugal News · last updated

Water prices expected to rise by 8.5% - The Portugal News

However, having taking into account adjustments regarding inflation seen in recent years, the average increase should be higher, in the order of 8.5%, calculates the same entity.

Regarding rising tariffs, ERSAR corrected the inflation rates (estimated versus real) for 2022 and 2023, resulting in an average percentage increase for 2024 of 8.5%. However, some of the supply and sanitation management entities on the rise will only apply increases to the inflation rate recommended by ERSAR for 2024, of 3.3%, explains the regulator, in statements to ECO/Capital Verde.

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