Politics · Mexico · 3 hrs ago

Mexico's CFE adds about 40 billion pesos to electricity subsidies

Mexico's CFE adds about 40 billion pesos to electricity subsidies

Mexico's state electricity utility, CFE, adds about 40 billion pesos a year to electricity subsidies beyond federal funding.

CFE chief Emilia Esther Calleja Alor gave the figure during a hearing in Mexico's Chamber of Deputies.

Federal funding for the subsidies was set at about 85 billion pesos for 2026, while total annual support is estimated at 120 billion to 125 billion pesos.

The subsidies help millions of households pay less than the cost of supplying their electricity, with support also shaped by the higher power needs of hot regions.

The support also covers agricultural schemes, and Calleja said it relies on coordination among CFE, the finance ministry and the national energy regulator.

Separately, CFE is carrying out 83 electricity infrastructure projects worth 89.104 billion pesos, including upgrades to transmission and distribution.

The utility says these works are intended to support growing cities and industry, improve supply reliability and connect new power plants; further projects are also being planned.

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Emilia Esther Calleja AlorCFE director general
Son resultado de un esfuerzo coordinado
via El Universal
Para dimensionar su alcance, en 2026 se contemplaron alrededor de 85 mil millones de pesos de recursos federales destinados a los subsidios eléctricos.
via El Universal
Sin embargo, el monto total de los apoyos aplicados se estima entre 120 mil y 125 mil millones de pesos anuales.
via El Universal
Estas inversiones tienen un objetivo concreto: que la red eléctrica acompañe oportunamente el crecimiento del país.
via El Universal