Free market gas rates are twice as expensive as regulated but attract 80% of users.

Together Consumption of 16,000 kilowatt-hours per year gas, David García approx in 2021 1,500 euro bill gas year. I had a contract free market. A few months ago, a marketer renewal of your rate what did that mean increases its price to a total of 4,000 euros per year. In the regulated market, in what is known as The Final Facility Fee (TUR) was to pay about 1,300 Euros last yearAccording to the comparator of the National Markets and Competition Commission (CNMC), the cheapest free rate from another different marketer at the time was €2,400.

The case of David García is not isolated. The price of the kilowatt hour (kWh) is getting more expensive Between 95% and 291% inside free market offers etc. Tariff adjusted according to the latest research carried out by Facua-Consumers at Work. This consumer organization analysis from free market offers Endesa, Naturgy, Iberdrola, Repsol, CHC Energy and Total EnergiesIt was analyzed on August 8 and current regulated rate from 1 July

exists in natural gas three different offers, depending on the user’s consumption. If you consume less than 5,000 kWh per year, demand between that amount and 15,000 kWh or more. Facua’s comparison is taken as a reference first two profiles. According to Facua, regulated rate, a user who consumes 400 kWh per month currently pays 35.92 Euros per month. In the free market, your bill is between 63.85 Euros and 121.65 Euros, between double and quadruple. for one User profile with 800 kWh consumption per monthpays an invoice of 67.76 Euros per month with the corresponding TUR valid for consumption between 5,000 and 15,000 kWh per year. You can pay between 123.60 euros (82% more) and 251.10 euros (270% more) on the free market.

this difference between free and regulated market same as on the gas bill. The free rate is variable and depends on the contract signed by the gas marketers with the users, while the regulated rate is Subject to the rules set by the government, who check every three months (January, April, July and early October), depending on the situation gas price evolution in international markets. Since September of last year, to avoid an excessive increase The price after the war in Ukraine, which triggered the cost of this raw material, Administrator determined that only up to 15% of this cost will be transferred on quarterly reviews until the end of this year. In other words, it has limited the increase of users with these rates. while in free market, marketers should increase their margins for further hedge from a possible increase in gas price international this winter

Despite this price difference, the total 7.9 million natural gas customers in Spain, 81% have a share in the free marketAccording to the latest report of the National Markets and Competition Commission (CNMC), which includes data for the last quarter of 2021. In fact, in the last three months of last year, regulated market lost 23,493 customersthe free one gained 20,384 users.

One of Spain’s biggest problems, many consumers do not know what the rates are and which market each company corresponds to. The so-called reference marketers for both electricity and gas are only four, but they belong to large business groups that also have marketers in the free market, and so there is confusion many times over, as the CNMC insists. years. this regulated marketers has Baser (from the EDP group), Energía XXI (from the Endesa group), Regulated Marketer Gas & Power (from the Naturgy group) and Cur Energía Último Recurso (from the Iberdrola group).

Source: Informacion

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