INSUBCONTINENT EXCLUSIVE:
high-voltage consumers have gained the freedom to select their energy suppliers
This regulatory change has opened doors for competition and choice, allowing smaller consumers to engage in the free market through retail
energy traders.In addition, Cemig now commands a 15% market share with 114.8 average megawatts of contracted energy
with various institutions
These initiatives not only attract customers but also align with the growing demand for sustainable energy options.Financially, Cemig is
In the third quarter of 2024, it reported a net profit of R$3.28 billion, a striking 165% increase from the previous year
The government plans to expand this model to low-voltage users by 2028, potentially including residential customers.This transition could
enhance competition and lower costs for consumers while promoting sustainable practices