SAO PAULO, Jan. 8, 2015 /PRNewswire/ -- Companhia de Saneamento Basico do Estado de São Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), pursuant to CVM Instruction 358 of January 3rd, 2002 and amendments thereto, hereby informs its shareholders and the market in general that, on January 7, 2015, ARSESP published Resolution 545, through which authorizes the adoption of a contingency tariff 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 Material Fact is available at the Company's website (www.sabesp.com.br)