The Electricity System Sustainability Fund will reduce the electricity bill at the expense of increasing fuel and natural gas prices.

making the invoice Electricity System Sustainability Fund (Fnsse), approved by the Cabinet of Ministers and currently being processed in the Congress of Deputies, could mean a reduction in the electricity bill but also an increase in the cost of major non-electrical energy uses in Spain.

An analysis of the impact on consumers by Sedigas concludes that the measure will mainly affect the most populated areas and the most vulnerable consumers. Beside Alliance for the Competitiveness of Spanish Industry He warned of the negative impact the national industry would have if the bill was not amended.

These analyzes show that the reform could lower the price of electricity, but increase fuel and gas bills for both citizens and businesses. In this way, Fnsse, according to these analyses, has a new tax It means the transfer of income from electricity consumers to citizens, farmers, taxi drivers and businessmen who use fuel or use natural gas in their production.

The fund will benefit domestic electricity consumers and harm gas consumers and all for diesel and petrol as the cost will be around 7.5 cents euros per liter of fuel. If it were, it would be a contradiction for the Government to draw up an agreement. Extension of the 20-cent discount because it would also charge gasoline with an extra ‘tax’ of 7 cents.

Moreover, according to Sedigas analysis, the implementation of the National Fund for Sustainability of the Electricity System will create a regional inequality. Some parties and regions condemn the new law as a revenue transfer from communities and provinces in Spain’s interior to coastal, sun and beach regions and islands. In other words, customers from colder regions, the interior of the peninsula, for example Teruel anyone soriawill pay the ‘bill’ of energy reform, raising its prices so that there are regions with more gas and fuel consumption, thereby reducing electricity. The analysis warns that this cost transfer between sectors will result in income redistribution, mostly in favor of electricity consumers (urban, temperate zone and upper-middle class) versus the rest of society.

The Energy Diversification and Savings Institute (IDAE), affiliated to the Ministry of Ecological Transition, which participated in the preparation process of this reform, outlines the gas consumption in the country and makes a comparison in one of its latest reports. Atlantic-northern, Mediterranean and continental regions. The data show the average gas consumption in the Cantabria strip. Average 7,143 kWh per householdReaches inland of Spain 10,511 kWh per household In the Mediterranean and the islands, it remains at 6,233 kWh.

The coldest inland provinces consume an average of 68% more gas than the coasts and islands. Based on these data, the National Fund for Sustainability of the Electricity System, which, according to Teresa Ribera, Minister of Ecological Transition, “will allow electricity consumers to reduce their electricity bills by at least 13%,” can punish to the regions that consume the most gas and fuel.

Source: Informacion

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