IBOV 176,140.57 ▲ 1.62% IPSA 10,974.16 ▲ 0.18% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.35% USD/MXN17.40▼ 0.06% USD/CLP936.42▲ 0.08% USD/COP3,205▼ 1.57% USD/PEN3.40▲ 0.07% USD/ARS1,481▲ 0.22% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.89% BRENT 94.14 ▲ 3.44% WTI 86.88 ▲ 2.32% IRON ORE 161.91 — — COPPER 6.49 ▼ 0.33% GOLD 4,149 ▲ 1.92% SILVER 60.26 ▲ 2.41% SOY 1,237 ▲ 1.44% CORN 483.25 ▲ 6.74% WHEAT 702.25 ▲ 3.58% COFFEE 317.45 ▼ 4.37% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 148.40 ▲ 3.20% COTTON 81.36 ▲ 3.04% COCOA 5,328 ▼ 4.98% BEEF 219.90 ▼ 2.99% CATTLE 338.05 ▼ 3.29% LITHIUM 69.37 ▲ 0.42% PETR4 42.51 ▲ 2.04% VALE3 74.84 ▲ 3.60% ITUB4 42.73 ▲ 0.47% BBDC4 18.78 ▲ 1.24% ABEV3 16.12 ▲ 2.03% BBAS3 20.98 ▲ 0.48% B3SA3 15.70 ▲ 3.49% WEGE3 46.45 ▲ 9.37% PRIO3 59.16 ▲ 1.68% SUZB3 42.15 ▲ 1.25% RENT3 36.99 ▲ 1.20% AZZA3 17.62 ▲ 0.80% CSAN3 3.93 ▲ 3.97% RAIZ4 0.28 ▲ 3.70% PCAR3 2.70 ▼ 1.10% GMAT3 3.87 ▲ 1.04% PSSA3 55.49 ▲ 3.76% CVCB3 1.22 ▲ 8.93% POSI3 3.74 ▲ 1.63% SLCE3 13.86 ▲ 0.80% NATU3 8.80 ▲ 1.03% BRKM5 6.11 ▲ 7.01% RANI3 8.01 ▲ 1.52% CSNA3 5.34 ▲ 5.53% CMIN3 5.81 ▲ 4.12% USIM5 8.67 ▲ 2.48% GGBR4 23.83 ▲ 1.45% ENEV3 25.84 ▲ 1.65% CPFE3 46.74 ▲ 0.73% CMIG4 11.19 ▲ 1.54% EQTL3 39.35 ▲ 1.34% LREN3 13.47 ▲ 1.51% VIVT3 35.43 ▼ 1.03% RAIL3 13.68 ▲ 3.32% KLABIN 17.90 ▲ 1.76% RAIA DROGASIL 18.32 ▲ 1.05% RDOR3 34.19 ▲ 0.80% HAPV3 11.40 ▲ 1.42% FLRY3 16.55 — 0.00% SMTO3 16.03 ▲ 2.89% UGPA3 32.57 ▲ 2.36% VBBR3 34.72 ▲ 2.27% BBSE3 42.62 ▲ 2.58% BPAC11 56.69 ▲ 2.38% CURY3 30.22 ▲ 0.90% AERI3 2.05 ▲ 0.49% VIVARA 21.41 — 0.00% COMPASS 24.78 ▲ 1.39% VAMOS 3.20 ▲ 3.56% SANB11 26.68 ▼ 1.95% ASAI3 8.43 ▲ 2.18% SBSP3 29.29 ▲ 2.41% WALMEX 48.54 ▼ 1.24% GMEXICO 213.53 ▲ 2.18% FEMSA 227.90 ▲ 0.51% CEMEX 22.14 ▲ 0.32% GFNORTE 190.26 ▲ 2.40% BIMBO 60.11 ▲ 1.21% TELEVISA 9.90 ▲ 1.43% AMX 22.64 ▼ 0.53% GAP 375.99 ▼ 0.67% ASUR 271.70 ▼ 1.19% OMA 228.24 ▲ 0.88% KOF 182.43 ▲ 1.09% GRUMA 279.80 ▼ 0.99% KIMBER 38.78 ▲ 0.99% SQM-B 64,682 ▲ 0.22% COPEC 6,550 ▲ 1.55% BSANTANDER 79.14 ▲ 0.16% FALABELLA 5,915 ▼ 0.07% ENELAM 84.44 ▼ 0.11% CENCOSUD 2,017 ▼ 0.56% CMPC 1,076 ▼ 0.77% BANCO CHILE 190.01 — 0.00% LATAM AIR 24.04 ▼ 0.66% YPF 82,000 ▲ 1.71% GGAL 8,225 ▲ 3.26% PAMPA 5,565 ▲ 1.64% TXAR 673.00 ▼ 0.88% ALUAR 970.00 ▼ 0.31% TGS 9,850 ▲ 1.44% CEPU 2,394 ▲ 2.31% MIRGOR 16,975 ▲ 1.19% COME 43.13 ▲ 0.61% LOMA NEGRA 3,725 ▲ 3.33% BYMA 296.25 ▲ 1.37% TELECOM ARG 4,385 ▲ 3.06% ECOPETROL 16.76 ▲ 1.39% BANCOLOMBIA 84.66 ▲ 1.22% GRUPO AVAL 5.04 ▼ 0.98% CREDICORP 388.81 ▼ 0.59% SOUTHERN COPPER 194.11 ▲ 3.24% BUENAVENTURA 32.21 ▲ 3.07% MERCADOLIBRE 1,802 ▼ 1.12% NUBANK 14.04 ▼ 2.47% XP 17.12 ▲ 1.57% PAGSEGURO 9.60 ▲ 0.21% STONE 11.22 ▼ 0.36% GLOBANT 31.58 ▼ 1.64% TECNOGLASS 45.37 ▲ 0.49% GAP AIRPORT 216.38 ▼ 0.60% ASUR 271.70 ▼ 1.19% OMA AIRPORT 105.10 ▲ 0.83% AMX ADR 26.00 ▼ 0.35% FEMSA ADR 131.01 ▲ 0.51% CEMEX ADR 12.73 ▲ 0.20% PETROBRAS ADR 18.93 ▲ 2.10% VALE ADR 14.78 ▲ 3.68% ITAU ADR 8.41 ▲ 0.12% SANTANDER BR 5.40 ▼ 0.18% AMBEV ADR 3.16 ▲ 1.45% CSN 1.07 ▲ 6.50% GERDAU 4.72 ▲ 1.72% LATAM ADR 51.15 ▼ 0.81% BTC 66,028 ▼ 0.72% ETH 1,939 ▲ 0.54% SOL 78.31 ▲ 0.26% XRP 1.15 ▲ 0.34% BNB 571.60 ▼ 0.35% ADA 0.18 ▲ 2.91% DOGE 0.07 ▼ 0.24% AVAX 6.61 ▲ 0.74% LINK 8.66 ▲ 0.10% DOT 0.84 ▼ 0.33% LTC 47.01 ▲ 0.41% BCH 220.37 ▼ 1.49% TRX 0.33 ▼ 0.28% XLM 0.19 ▼ 1.27% HBAR 0.07 ▲ 4.06% NEAR 1.88 ▼ 2.95% ATOM 1.46 ▼ 1.42% AAVE 97.37 ▲ 1.88% SELIC 14.25% EMBRAER 83.66 ▲ 1.22% EMBRAER ADR 66.18 ▲ 1.08% JBS 12.19 ▲ 2.01% JBS BDR 61.41 ▲ 1.98% MBRF3 15.69 ▲ 3.84% MBRFY 3.07 ▲ 4.07% INTER 5.58 ▼ 0.09% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.46% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.14 — 0.00% 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1.92% SILVER 60.26 ▲ 2.41% SOY 1,237 ▲ 1.44% CORN 483.25 ▲ 6.74% WHEAT 702.25 ▲ 3.58% COFFEE 317.45 ▼ 4.37% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 148.40 ▲ 3.20% COTTON 81.36 ▲ 3.04% COCOA 5,328 ▼ 4.98% BEEF 219.90 ▼ 2.99% CATTLE 338.05 ▼ 3.29% LITHIUM 69.37 ▲ 0.42% PETR4 42.51 ▲ 2.04% VALE3 74.84 ▲ 3.60% ITUB4 42.73 ▲ 0.47% BBDC4 18.78 ▲ 1.24% ABEV3 16.12 ▲ 2.03% BBAS3 20.98 ▲ 0.48% B3SA3 15.70 ▲ 3.49% WEGE3 46.45 ▲ 9.37% PRIO3 59.16 ▲ 1.68% SUZB3 42.15 ▲ 1.25% RENT3 36.99 ▲ 1.20% AZZA3 17.62 ▲ 0.80% CSAN3 3.93 ▲ 3.97% RAIZ4 0.28 ▲ 3.70% PCAR3 2.70 ▼ 1.10% GMAT3 3.87 ▲ 1.04% PSSA3 55.49 ▲ 3.76% CVCB3 1.22 ▲ 8.93% POSI3 3.74 ▲ 1.63% SLCE3 13.86 ▲ 0.80% NATU3 8.80 ▲ 1.03% BRKM5 6.11 ▲ 7.01% RANI3 8.01 ▲ 1.52% CSNA3 5.34 ▲ 5.53% CMIN3 5.81 ▲ 4.12% USIM5 8.67 ▲ 2.48% GGBR4 23.83 ▲ 1.45% ENEV3 25.84 ▲ 1.65% CPFE3 46.74 ▲ 0.73% CMIG4 11.19 ▲ 1.54% EQTL3 39.35 ▲ 1.34% LREN3 13.47 ▲ 1.51% VIVT3 35.43 ▼ 1.03% RAIL3 13.68 ▲ 3.32% KLABIN 17.90 ▲ 1.76% RAIA DROGASIL 18.32 ▲ 1.05% RDOR3 34.19 ▲ 0.80% HAPV3 11.40 ▲ 1.42% FLRY3 16.55 — 0.00% SMTO3 16.03 ▲ 2.89% UGPA3 32.57 ▲ 2.36% VBBR3 34.72 ▲ 2.27% BBSE3 42.62 ▲ 2.58% BPAC11 56.69 ▲ 2.38% CURY3 30.22 ▲ 0.90% AERI3 2.05 ▲ 0.49% VIVARA 21.41 — 0.00% COMPASS 24.78 ▲ 1.39% VAMOS 3.20 ▲ 3.56% SANB11 26.68 ▼ 1.95% ASAI3 8.43 ▲ 2.18% SBSP3 29.29 ▲ 2.41% WALMEX 48.54 ▼ 1.24% GMEXICO 213.53 ▲ 2.18% FEMSA 227.90 ▲ 0.51% CEMEX 22.14 ▲ 0.32% GFNORTE 190.26 ▲ 2.40% BIMBO 60.11 ▲ 1.21% TELEVISA 9.90 ▲ 1.43% AMX 22.64 ▼ 0.53% GAP 375.99 ▼ 0.67% ASUR 271.70 ▼ 1.19% OMA 228.24 ▲ 0.88% KOF 182.43 ▲ 1.09% GRUMA 279.80 ▼ 0.99% KIMBER 38.78 ▲ 0.99% SQM-B 64,682 ▲ 0.22% COPEC 6,550 ▲ 1.55% BSANTANDER 79.14 ▲ 0.16% FALABELLA 5,915 ▼ 0.07% ENELAM 84.44 ▼ 0.11% CENCOSUD 2,017 ▼ 0.56% CMPC 1,076 ▼ 0.77% BANCO CHILE 190.01 — 0.00% LATAM AIR 24.04 ▼ 0.66% YPF 82,000 ▲ 1.71% GGAL 8,225 ▲ 3.26% PAMPA 5,565 ▲ 1.64% TXAR 673.00 ▼ 0.88% ALUAR 970.00 ▼ 0.31% TGS 9,850 ▲ 1.44% CEPU 2,394 ▲ 2.31% MIRGOR 16,975 ▲ 1.19% COME 43.13 ▲ 0.61% LOMA NEGRA 3,725 ▲ 3.33% BYMA 296.25 ▲ 1.37% TELECOM ARG 4,385 ▲ 3.06% ECOPETROL 16.76 ▲ 1.39% BANCOLOMBIA 84.66 ▲ 1.22% GRUPO AVAL 5.04 ▼ 0.98% CREDICORP 388.81 ▼ 0.59% SOUTHERN COPPER 194.11 ▲ 3.24% BUENAVENTURA 32.21 ▲ 3.07% MERCADOLIBRE 1,802 ▼ 1.12% NUBANK 14.04 ▼ 2.47% XP 17.12 ▲ 1.57% PAGSEGURO 9.60 ▲ 0.21% STONE 11.22 ▼ 0.36% GLOBANT 31.58 ▼ 1.64% TECNOGLASS 45.37 ▲ 0.49% GAP AIRPORT 216.38 ▼ 0.60% ASUR 271.70 ▼ 1.19% OMA AIRPORT 105.10 ▲ 0.83% AMX ADR 26.00 ▼ 0.35% FEMSA ADR 131.01 ▲ 0.51% CEMEX ADR 12.73 ▲ 0.20% PETROBRAS ADR 18.93 ▲ 2.10% VALE ADR 14.78 ▲ 3.68% ITAU ADR 8.41 ▲ 0.12% SANTANDER BR 5.40 ▼ 0.18% AMBEV ADR 3.16 ▲ 1.45% CSN 1.07 ▲ 6.50% GERDAU 4.72 ▲ 1.72% LATAM ADR 51.15 ▼ 0.81% BTC 66,028 ▼ 0.72% ETH 1,939 ▲ 0.54% SOL 78.31 ▲ 0.26% XRP 1.15 ▲ 0.34% BNB 571.60 ▼ 0.35% ADA 0.18 ▲ 2.91% DOGE 0.07 ▼ 0.24% AVAX 6.61 ▲ 0.74% LINK 8.66 ▲ 0.10% DOT 0.84 ▼ 0.33% LTC 47.01 ▲ 0.41% BCH 220.37 ▼ 1.49% TRX 0.33 ▼ 0.28% XLM 0.19 ▼ 1.27% HBAR 0.07 ▲ 4.06% NEAR 1.88 ▼ 2.95% ATOM 1.46 ▼ 1.42% AAVE 97.37 ▲ 1.88% SELIC 14.25% EMBRAER 83.66 ▲ 1.22% EMBRAER ADR 66.18 ▲ 1.08% JBS 12.19 ▲ 2.01% JBS BDR 61.41 ▲ 1.98% MBRF3 15.69 ▲ 3.84% MBRFY 3.07 ▲ 4.07% INTER 5.58 ▼ 0.09% EGX 53,932 ▼ 0.11% USD/ZAR 16.40 ▼ 0.38% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.14 — 0.00% USD/CNY 6.7612 ▲ 0.06% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3373 ▼ 0.04% SPX 7,516 ▲ 0.09% DJI 52,290 ▲ 0.13% NDX 29,138 ▼ 0.06% RUT 2,965 ▼ 0.75% TSX 35,478 ▲ 0.31% VIX 16.77 ▼ 1.64% USD/CAD 1.4091 ▼ 0.11% US10Y 4.6540 ▲ 0.56%
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Business - Brazil Rio de Janeiro

Water Bill Fines Applied to São Paulo City Residents

By · February 9, 2015 · 2 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Facing the worst water shortage in history, the nine cities which make up the São Paulo Metropolitan area have began to take action to try to reduce water consumption. On Monday, February 9th, São Paulo’s water utility agency SABESP will start to deliver water bills with fines for those who are using more water than usual. The fines range from 40 to 100 percent of the bill.

Despite the recent rains, the Cantareira Reservoir continues extremely low, Sao Paulo, Brazil News
Despite the recent rains, the Cantareira Reservoir continues extremely low, photo courtesy of Archives Agencia Brasil.
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“We hope to see a strong reduction in consumption in the short-term,” said Water Resources Secretary for São Paulo state, Benedito Braga, during a seminar last week to discuss the water problems in São Paulo.

“We will expand the economic instruments for the reduction of consumption, offering a bonus for those who save and a fine for those who waste [water],” he added.

According to São Paulo’s water regulating agency, ARSESP, “the customer whose monthly consumption surpasses the average registered between February 2013 and January 2014 will be fined. Those who surpass the average by up to twenty percent will pay a forty percent fine over the total, while those who surpass their average by more than twenty percent will see their water bill double.”

There has not been a strong negative reaction to the announcement of the a fines, with most residents aware of the gravity of the situation. A survey conducted by Datafolha for daily Folha de S. Paulo last week showed that sixty percent of residents in the São Paulo Metropolitan area are in favor of a water rationing program and that 71 percent have already faced a shortage of water in past month. The same survey shows that 37 percent of these residents blame the state government for the water crisis.

Despite the heavy rains which fell on the city the past week, the Cantareira water system, which supplies water to more than 8.8 million inhabitants in the city of São Paulo, is currently only at 5.9 percent of its capacity. If the level drops further, analysts say, a water rationing program may be installed by April or May in the city and surrounding counties.

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