SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of October, 2018
Commission File Number 1-14668
COMPANHIA PARANAENSE DE ENERGIA
(Exact name of registrant as specified in its charter)
Energy Company of Paraná
(Translation of Registrant's name into English)
Rua Coronel Dulcídio, 800
80420-170 Curitiba, Paraná
Federative Republic of Brazil
+55 (41) 3331-4011
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
Copel Distribuição’s Grid Market grows 1.7% in the third quarter
This report analyzes the performance of Copel’s electricity market between July and September 2018, compared with the amounts recorded in the same period of 2017.
Grid Market (TUSD)
Copel Distribuição’s grid market, comprising the captive market, concessionaires and licensees in the State of Paraná, and all free customers in the Company’s concession area, presented an increase of 1.7% in 3Q18, as shown in the following table:
The result was mainly due to the 5.6% increase in the total consumption of the free market in 3Q18, particularly in the industrial customers in the (i) pulp and paper, (ii) food and (iii) manufacture of motor vehicles, trailers and semi-trailers.
Copel Distribuição
Captive Market
Copel Distribuição’s captive market energy sales totaled 4,723 GWh in the 3Q18, remaining stable in relation to 3Q17, with a reduction of 0.1% in the comparison of the periods.
The following table shows captive market trends by consumption segment:
The residential segment consumed 1,736 GWh between July and September 2018, recording a increase of 0.1%. This result was due to a 1.9% increase in the number of customers, partially offset by lower average monthly consumption of customers (155 KWh in 3Q18 versus 158 KWh in 3Q17), partially explained by the predominance of the red flag in 3T18, while in 3Q17 there were 2 months of yellow flag. Furthermore, the weather conditions in September 2018, when average temperatures in the state of Paraná registered a reduction of almost 15% versus September 2017, influenced the presented result. In 3Q18, residential consumption was equivalent to 36.7% of the captive market, totaling 3,732,153 consumers.
The industrial segment in the captive market registered a fall of 2.9% in the 3Q18, totaling 751 GWh, mainly reflecting the migration of customers to the free market. At the end of 3Q18, the industrial segment accounted for 15.9% of captive market consumption and had 73,328 consumers.
The commercial segment consumed 1,089 GWh in 3Q18, areduction of 1.1%, mainly due to the lower consumption of retail trade, warehousing and transportation auxiliary activities, partially offset by the increase of 8,773 consumers in relation to 3Q17. At the end of this quarter, this class accounted for 23.1% of the captive market, with 396,459 consumers.
Rural segment recorded a 2.1% increase in consumption in the 3Q18, totaling 524 GWh. At the end of September 2018, the class represented 11.1% of Copel's captive market with 352,712 consumers.
Other segments (government, public lighting, public services and own consumption)totaled 623 GWh consumed between July and September of 2018, with growth of 2.6%. Together, these classes were equivalent to 13.2% of the captive market, with 57,731 consumers at the end of September 2018.
Copel’s Consolidated Market
Electricity Sales to Final Customers
Electricity sales to final customers, comprising Copel Distribuição’s sales in the captive market and Copel Geração e Transmissão and Copel Comercialização sales in the free market, growth by 6.1% between July and September 2018.
The table below breaks down energy sales by consumption segment:
Total Energy Sold
Total energy sold by Copel in all markets, comprising the sales of Copel Distribuição, Copel Geração e Transmissão, the Wind Farm Complexes and Copel Comercialização, came to 11,056 GWh in 3Q18, representing a increase of 11.8%.
The following table shows Copel’s total electricity sales broken down between Copel Distribuição, Copel Geração e Transmissão, Wind Farm Complexes and Copel Comercialização:
Curitiba, October 24, 2018.
Adriano Rudek de Moura
Chief Financial and Investor Relations Officer
For further information, please contact the Investor Relations team:
ri@copel.com or (41) 3331-4011
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| COMPANHIA PARANAENSE DE ENERGIA – COPEL |
| | |
| By: | /S/ Jonel Nazareno Iurk
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| | Jonel Nazareno Iurk
Chief Executive Officer | |
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
