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Second Ordinary Tariff Revision of Sabesp

SBS

PR Newswire

SÃO PAULO, Aug. 7, 2017 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), pursuant to the provisions of Article 157, Paragraph 4 of Law No. 6404/76 and the provisions of CVM Instruction No. 358/02, announces to its shareholders and to the market in general that, on August 7, 2017, the Regulatory Agency for Sanitation and Energy of the State of São Paulo (ARSESP - Agência Reguladora de Saneamento e Energia do Estado de São Paulo) published Resolution No. 748 with the new timeline for the initial stage of Sabesp's 2nd Tariff Revision, as below.

ARSESP Resolution No. 748 - Schedule of the Initial Stage of the 2nd Tariff Revision of Sabesp

Stage No.

Description

Start

End

5-C

Receipt of Sabesp's final clarifications (ARSESP Resolution No.
745/2017)

Aug 1, 2017

Aug. 8, 2017

5-D

Analysis of Sabesp's final clarifications


Aug 10, 2017

6

Development of the Initial Technical Note with Preliminary Tariff P0
and Average Weighted Cost of Capital (WACC)


Aug 10, 2017

7

Opening of the Public Consultation and Public Hearing - Preliminary
Tariff P0 and Weighted Average Cost of Capital (WACC)

Aug 14, 2017

Sep 4, 2017

8

Analysis of the contributions received, development of the Final
Technical Note and Detailed Report - Preliminary Tariff P0


Sep 27, 2017

9

Approval and Disclosure of the Detailed Report and Approval of the
Final Technical Note and of the Resolution with the Preliminary Tariff
P0


Oct 2, 2017

10

Disclosure of the Final Technical Note and the Publication of the
Resolution with the Preliminary Tariff P0


Oct 3, 2017

The Preliminary Maximum Average Tariff (Preliminary Tariff P0) will be disclosed and authorized up until October 3, 2017 and applied pursuant to Article 39 of Law 11445/2007.

The Final Maximum Average Tariff (Final Tariff P0) will be disclosed and authorized up until April 10, 2018.

The full text of ARSESP Resolution No. 748 is available on Sabesp's website, in the Investor Relations area and on ARSESP'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)

View original content:http://www.prnewswire.com/news-releases/second-ordinary-tariff-revision-of-sabesp-300500849.html

SOURCE Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP