The initial auditing process, overseen by the Coordinador Eléctrico Nacional and commissioned by the CNE, encountered delays after a first call for bidders was voided. A subsequent tender attracted multiple interested firms by November 2025. García emphasized that should audit results reveal further undue charges, Transelec will be obligated to return additional funds to clients. This action comes amid wider concerns as several other transmission companies were found lacking sufficient documentation to support their asset valuations. Consequently, authorities have mandated these firms to provide missing data and commissioned similar audits to ensure tariff transparency and compliance across the sector.
Experts estimate the refunds related to the transmission error could represent 1.5% to 2% reductions in electricity bills in some municipalities, though this accounts for a smaller share relative to rising energy costs. Notably, recent electricity supply tenders indicate upward pressure on bills due to increased contract pricing among distributors. Despite this, the government’s commitment to correcting historic tariff errors and enforcing rigorous audits underlines stronger regulatory oversight that could reshape Chile’s electricity market governance and consumer protection measures in the near term.
This article was curated and published as part of our South American energy market coverage.
