Hoteliers denounce electricity price tripling in one year despite gas cap

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The hospitality industry warns that its costs, especially energy costs, are skyrocketing despite the restrictions put in place by the central government to prevent prices from rising due to the frantic crisis. fee gas. According to an internal report from Asturian hospitality employer Otea, available to La Nueva España of the Prensa Ibérica group, bill increases in most cases reach 200 percent increases (i.e. triples). But to these amounts is added a more than 65 percent increase in the heating gas bill, and on top of that, raw materials have increased by almost 21 percent due to inflation. The result is a cost escalation plan that the industry believes is difficult to maintain.

To estimate the impact of the Government’s measures on the pockets of its partners, according to a study conducted by Otea in September, The expected increase in the energy bill of Asturian plants will be around 100 percent in gas ratio.and will take place Between 128 and 162 percent on electricity bills, depending on the billing period. What the receipts finally deliver is not far off. Increases of up to 200 percent in electricity bills and up to 65 percent in natural gas bills.

The climate in the sector is “worrying” especially in the winter months when energy consumption is expected to increase. While hotel sources admit that there has been no noticeable reduction in the number of customers, they point out that the suffocation that has accompanied the hotel industry since the pandemic has not diminished. All these increases energy billIn addition to the increase in raw materials, hoteliers will also increase their personnel costs. The easy option would be to add all this to the menus, but professionals realize that, in addition to increasing inflationary sentiment, it will ultimately hurt the business.

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200% Electricity Increase

This is the percentage of increase in electricity bill in recent months in many catering establishments. And all this despite the gas price “cap” mechanism, which means an already cheaper bill than what would have been paid had it not been for that “Iberian exception”.

65% Gas increase

Heating costs also significantly increase the cost of buildings and will increase further in the coming winter months. Hoteliers believe some businesses won’t be able to resist the January slope.

21% raw material

But not only energy bills have increased. The hotel industry is experiencing an increase of around 21 percent in the raw material prices it uses. The easiest option for consumers is to raise prices, but hoteliers know this makes them less competitive.

Another worrying indicator is dinner reservation not reactivated for year-end. At this point, offers were already coming from large companies from many places before the pandemic.

The increase in electricity bill not only affects businesses but also surprises many private consumers who find a conceptThe so-called “gas cap cost” can represent a good peak of your bills. How could a mechanism designed to keep bills from rising unstoppably due to energy costs charge users? LThe key is how this limiting mechanism works and the “gas cap”“Users actually only pay the difference between the “cap” and the actual cost of gas, but only for the energy produced using that fuel. Without this cap, they pay the market cost of gas for the energy of all generation sources, whatever they are.

Up to 129 euros assumes the concept of “cost of gas cap” is more in an owner example He owns a house in Villaviciosa (Asturias) that he uses only on weekends. “I only go on Saturdays and Sundays during the summer and it has a refrigerator, automatic garage door motor, pool motor programmed for three to four hours a day, and light consumed during the night,” assures the network user. , found an additional €129.68 for the “Adjustment Mechanism of Royal Decree 10/2022”.

Why does the bill go up if the gas runs out?

What is the “gas cap cost” on bills?

This concept does not reach all consumers, but those in the free market. Voluntary Price for Small Consumer customers will not notice this because they have already paid the market price. “Cost of gas cap” refers to the amount payable only to compensate combined cycle plants for the actual costs of generation with gas, which are higher than those determined by this “cap”.

But wasn’t that a mechanism to make the receipt cheaper? Why do I have to pay?

In reality, the gas cap makes the bill much cheaper. The price per kilowatt hour is determined by the cost of producing the last type of energy that goes into meeting demand. It is usually gas. Without this “gas ceiling”, consumers would pay for the entire kilowatt-hour (whether produced by gas or not) at the cost of production using that fuel, regardless of the source of supply. Now there is a maximum set of gas that does not “pollute” the price of other energies. Therefore, the cost per kilowatt of these other technologies will never be higher than the gas ceiling. But gas plants (combined cycles) must be compensated for the true cost of the energy they produce. The state mechanism determines that it is compensated only for such energy. After all, it makes the receipt cheaper than it would be without this cover. Despite this, there is an additional amount, but always less than what the invoice would have without this limit.

An example

Imagine that 20% of the energy in your home comes from nuclear at 0.1 euros per kilowatt-hour, 47% from renewable sources at 0.15 euros per kilowatt-hour, and 33% from gas at 0.4 euros per kilowatt-hour. do it. If we had consumed three kilowatt-hours, they would have been paid at 0.4 euros each in the previous system, then it would have been 1.2 euros. If a gas cap of 0.2 euros per kilowatt is put in, our bill will be 0.2×3 = 0.6 euros, but it will make up for the difference in the cost of gas at gas stations by adding 0.2 euros to the bill. In other words, our invoice will give the details of 0.6 Euro consumption and 0.2 “gas ceiling cost”. This costs 1.2 euros without an upper limit, which is 50% more expensive than our 0.8 euro bill.

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