Privatizing Eletrobras will cost $3.5 bn more per year

The privatization of Eletrobras will result in an increase of R$20 billion ($13.5 bn) per year for consumers, according to an estimate by Abrace (Association of Large Energy Consumers and Free Consumers). According to the association, hiring thermoelectric plants in quantities and locations already defined, without support and technical study, may result in cost increase.

Source: UOL Economia