SÃO PAULO, April 26, 2017
/PRNewswire/ -- Companhia de Saneamento Básico do Estado de
São Paulo – Sabesp ("Company" or "Sabesp"), pursuant to Article
157, Paragraph 4 of Law No. 6404/76 and CVM Instruction
No. 358/02, hereby announces to its shareholders and the
market in general that, on April 26,
2017, the Regulatory Agency of Sanitation and Energy of the
State of São Paulo (ARSESP - Agência Reguladora de Saneamento e
Energia do Estado de São Paulo) published a Notice changing the
timeline for the initial stage of Sabesp's Tariff Revision, as
follows.
|
Stage
No.
|
Description
|
Start
|
End
|
|
6
|
Development of the
Initial Technical Note with Preliminary Tariff P0 and Average
Weighted Cost of Capital (WACC)
|
April 1,
2017
|
May 15,
2017
|
|
7
|
Opening of the Public
Consultation and Public Hearing – Preliminary Tariff P0 and
WACC
|
May 15,
2017
|
June 5,
2017
|
|
8
|
Analysis of the
contributions received, development of the Final Technical Note and
Detailed Report – Preliminary Tariff P0 and WACC
|
June 6,
2017
|
June 25,
2017
|
|
9
|
Approval of the Final
Technical Note, Detailed Report and Publication of the Resolution
with Preliminary Tariff P0
|
June 26,
2017
|
June 30,
2017
|
The Preliminary Maximum Average Tariff ("Preliminary P0") will
be disclosed up until June 30,
2017.
The Final Maximum Average Tariff ("Final P0") will be maintained
up until April 10, 2018.
The full Notice can be found on ARSESP's and Sabesp's
website.
IR Contacts:
Mario Arruda
Sampaio – +55 (11) 3388-8664
(maasampaio@sabesp.com.br)
Angela Beatriz Airoldi – +55 (11)
3388-8793 (abairoldi@sabesp.com.br)
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/sabesps-second-ordinary-tariff-revision--new-schedule-300446873.html
SOURCE Sabesp