The Federal electricity commission (CFE) had a net loss of 39,703 million pesos throughout 2022, which was reduced in relation to what it registered the previous year, which was 106,260 million pesos.
According to his report to the Mexican stock exchangethe State productive company remained in the red despite the fact that its total income totaled 618,273 million pesos, with an increase of 9.1% compared to the previous year.
Of these revenues, 441,400 million pesos corresponded to the national sale of energy and 37,825 to the sale of fuels to third parties, while for energy transport it obtained 18,513 million pesos and 82,186 million pesos “by subsidy”, with which the The federal government absorbed the real increases that electricity rates would have had given the context of global increases.
Therefore, the cost of sales was 577,542 million pesos, with an increase of 7.3% in relation to 2021.
As a result of Russia’s invasion of Ukraine, the prices of fuels for fossil generation such as natural gas, diesel and coal rose throughout the world, particularly affecting the electricity industry, according to the CFE.
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