SAO PAULO, Jan. 9, 2015 /PRNewswire/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), hereby informs its shareholders and the market in general that it will apply a contingency tariff to those municipalities served by Sabesp in the Piracicaba, Capivari and Jundiai Water Basin under influence of the Cantareira System. The contingency tariff will be applied for users whose monthly consumption exceeds their monthly average consumption between February 2013 and January 2014, as follows:
i. 40% increase on the tariff amount applicable to the water consumption portion that exceeds up to 20% of the average; or
ii. 100% increase on the tariff amount applicable to the water consumption portion that exceeds more than 20% of the average.
The complete Notice to the Market is available at the Company's website (www.sabesp.com.br)
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/sabesp-announces-contingency-tariff-to-the-municipalities-served-by-pcj-water-basin-300018455.html
SOURCE SABESP
