Brazil's Copasa gets green light for rates increase
Brazil's Minas Gerais state water utility Copasa has been authorized a 13.9% increase in its potable water supply and sewerage service rates, state waterworks regulator Arsae said in a release.
In real terms the increase is 5.4%. The utility can start charging the higher rates as of May 13.
The company's billing model has also been changed, the release said.
Instead of charging for a minimum of 6,000l of water, the company will charge a minimum of 14.15 reais (US$3.96) monthly.
Copasa is Brazil's second largest state water utility, behind São Paulo's Sabesp.
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