The government is preparing new system for calculating regulated electricity rateknown as PVPC, where the most vulnerable users and large families are generally welcomed, so avoid spikes like those in recent months.
As Cadena SER progresses, and sources from the Ministry of Ecological Transition and Democratic Struggle confirm to Efe, instead of setting a price for a specific day, the Administrator wants: three different time references are taken: with a monthly, a quarterly and a yearly average.
In addition, these references will be weighted differently to calculate the averages, so the annual average will be heavier (up to 54%), which will make it possible to stabilize the resulting price and thereby smooth out its oscillations.
The government’s opinion Introduce this new system gradually from next year to reach 55% of nine million users by 2025 In Spain, with a regulated rate (one-third; the other two in the free market, where the company that sets electricity prices).
Government calculations show that This new formula, which will be presented to the public, will reduce the volatility of interest rates by one third.
Thus, while the difference between the cheapest and the most expensive price during the day reaches 27% during the day, this rate will be reduced to 17% with the new system.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.