Issue new resolutions, subject to legal requirements, to update energy prices for February–April 2023 to ensure meeting the fiscal targets and the sustainability of the segmentation scheme. Updated electricity prices will fully eliminate subsidies for level 1 residential and commercial users, subject to a price increase cap during peak consumption months. For level 2 and 3 subsidized residential consumers, the updates for the peak consumption months will be consistent with 40% and 80% of the average wage growth in 2022 (coeficiente de variacion salarial, CVS, as established by Law 27.443). For natural gas prices, the regulatory authority will issue a resolution setting natural gas prices for commercial users and level 1 residential users to achieve cost recovery starting February, subject to a price increase cap during peak consumption months
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