This light price never had a better chance. gas this year. Electricity is directly affected by this other raw material and if the gas is ejected, the light will shoot accordingly. This is because the electricity market is governed by a marginalist system where the technology that sets the price every hour is the most expensive. The wild hike in gas pressure in the last year and a half, under pressure from Russia, left little room behind and was the main culprit for the increase in electricity prices.
Average daily price of electricity in the wholesale market closed the year 2022 will be the most expensive year in history with an average of 209.94 euros per megawatt hour (MWh), after doubling the previous year’s figures at 111.95 euros per MWh. The last month of the year was the cheapest month after hooking for several weeks due to pre-war prices of around 50 euros per MWh due to high renewable energy production (hence low gas production) and low demand due to moderate temperatures during these months. Generally. In 2023, the trend is expected to be similar to this year’s. According to Francisco Valverde, electricity bill expert and Menta Energía consultant, 2023 forecast the average price for that year is 195.7 euros per MWh.
The government is a gas price cap used to generate electricity of 40 euros It’s the megawatt hour per megawatt hour in mid-June, which has managed to get electricity prices under control for the past six months, experts say. The differences are in how much as it is hard to know. How would the market behave without this mechanism?. What is clear, however, is that the price gap between Spain and its European neighbors widened when the so-called ‘Iberian exception’ came into effect in the second half of the year. then The wholesale market average in Spain since June 15 has been 80 euros. France, Italy Y Germany were 320, 354 and 282 euros, respectively. In the first six months of the year, prices were around 200 euros in four countries. However, the cap on the gas price changes from January, increasing by 5 euros per MWh each month, and ends in June of next year if there is no change.
Beyond the energy component, the bill should include: the taxesRegulated costs reduced by the Government (5% VAT and 0.5% Special Electricity Tax and suspended electricity generation tax) during 2023 and will decrease through 2023. tollsan average decrease of 1.05% compared to 2022, which covers the costs of energy transmission and distribution networks; A 9.21% discount was made in the fees that cover the tariff gap, renewable energy premiums and the extra costs of the peninsula electricity systems.
The regulated electricity tariff, known as the Voluntary Price for Small Consumers or PVPC, is directly indexed to the wholesale price of electricity, so prices in recent months have led such consumers to watch your bill skyrocket. . In contrast, its price is the free rate agreed between the direct marketer and the customer, so it can be very different from one user to another. Faith remained in the past year the free rate was the cheapest especially when it comes to big companies, because it would be the same as the previous year and would enjoy discounts on the fixed portion of the receipt. According to Caixabank figures based on real data, in October, the average regulated rate bill paid 58 euros and the free rate bill paid 80 euros.
it is best to do comparison of offers by consumption It is available to users of every household through the National Markets and Competition Commission’s (CNMC) comparator. In addition, the Government plans to change the calculation formula for the regulated tariff this year. The new method aims not to reduce the invoice price, but to make it more stable. To do this, instead of just daily market prices as currently, this ratio will use a mix between this figure and a forward-looking market reference to calculate the final price paid by consumers, but its application will be gradual: The reference to this term is the energy price in 2023. It will represent 25%, 40% in 2024 and 55% in 2025. According to the estimates of the government’s proposal – and in the absence of a definitive approach – In the years when prices are at their peak, less will be paid with this methodology.Like the year 2021, when the wholesale price is on average 111.9 Euros and will be 20% cheaper with the new methodology; however, it would be paid more in years with ‘low’ prices, thus being 11.4% more expensive in 2019, at an average of 47.7 euros.
The government made a number of statements in its contingency plan. change in electricity bill Products that will be launched from December 1st, but that have been delayed and not yet launched. In particular, the precautions to be taken average consumption estimate by neighborhood zip code –to compare consumption and encourage savings– a list with rsuggestions for saving and a special box describing the impact of the gas cap on consumers’ bills and how much they would pay without this mechanism.
These changes are expected to go into effect at the same time as the new PVPC, which is pending the Competition and Markets Commission (CNMC) to publish its relevant report, then go to the State Council and then re-approved. Cabinet, according to government sources, who declined to give a tentative date.