Third Vice President and Minister for Ecological Transition, Teresa Riberais a supporter Extend until 2024 ‘Most’ of ‘anti-inflation’ measures designed by government To control the increase in prices energy As stated in an interview in the Expansión newspaper, this drop occurred on December 31. Among these, the vice president notes: VAT discount on electricity and natural gasExtension of discounts on electricity and natural gas bills (social bonus) And upper limit on electricity revenue HE limited to 67 euros per megawatt-hour new term supply contracts. He is also in favor of extending the validity of the Iberian mechanism (gas limit), but the latter depends on Europe’s decision. extend the crisis period.
Sources Ministry Ecological Transition They explain that the decision regarding the tax issue is the responsibility of the administration. Treasurebut they add that the third vice president is also in favor of it maintain reduced VAT on electricity (Full exemption not possible according to European regulations) long-term be in favor electrification When it comes to economy gas It is suitable for temporary discount due to the current situation. Current electricity and natural gas bill 5% VAT (compared to 21% of the normal rate), while special tax electric (0.5% instead of 5.11%) and 7% tax Electricity production was stopped.
The government has been implementing it since mid-2021 different temporary measures to help families and companies, Energy prices are in the midst of an upward spiral. The majority will fall on December 31, but Board members have stuck to their positions so far. temporary To refrain from announcing its intention in the event of an appointment in favor of the current coalition Government (as it is a ‘moving’ Government). However, the third vice-president announced that if PSOE manages to form a Government, it will submit a proposal expansion of the above-mentioned measures It will meet “in one of the first Councils of Ministers”.
In the Budget Plan sent to Brussels last week, the Administration’s estimates are as follows: 3.545 million euros Financial impact of extending energy measures through 2024. Especially, VAT on electricity397 million reduction 1,032 million reduction in gas, wood and pellet consumption SCT on electricity and 1,100 million euros in taxes value of electrical energy production. If food tax deduction is included (1,350 million euros) the effect is as follows: 4.895 million euros.
First Vice President and Minister of Economic Affairs, Nadia Calvino, He was much more vague in an interview on Spanish Television. Calviño expressed his hope that a new Executive Board would be formed by the end of the year, insisting that the decision on the measures “will be taken by the next Government.” “Of course, we will continue to take the necessary measures regarding the economic policy of President Sánchez and our government. always best precautions to continue to support economic growth and job creation,” he added.
european framework
In line with this interest at the national level, Teresa Ribera also expand the European aid framework, This situation, which emerged with the Ukraine crisis, started to decline at the end of this year. “My impression, given the circumstances, is that it’s good to keep them going.” emergency measures just in case; “If they are not necessary, they will not need to be implemented, but if they are necessary, it is good for them to remain in force,” he said last week. “In such a period, in a period of uncertainty that we also continue to experience, invasion of ukraine by Russia and Middle East It is a good thing to maintain this balance in an environment where, first of all, there is a terrible situation from a humanitarian perspective, but also, of course, regional, geopolitical consequences that affect the entire international community. warnings “From an energy perspective,” he added.
Therefore, Spain’s position is as follows: axis At the same time, the Franco-German government advocated the expansion of this aid framework. Belgium, Netherlands, Denmark, Estonia and Finland asking the competition commissioner, Didier ReyndersAccording to the Financial Times, it does not. European Commission So far, he has favored focusing on vulnerable groups rather than broadening measures across the board. Community Manager will be presenting “in the coming weeks” evaluation on the impact of measures adopted at European level in the context of the emergency and their impact offer about what to do after the end of the year final decision It will be affiliated with the twenty-seven countries of the European Union and will be decided at the last meeting. Energy Council which will be celebrated next year 19 December in BrusselsThe last one under the Spanish presidency.
This crisis framework required scenario The Government could thus extend the so-called ‘gas cap’, which limits the cost of this raw material for power plants, although it has not been in operation since. half of February, I think one to protect if prices increase rapidly. Although the price of gas is well below the 200 Euros per MWh it once exceeded worst of crisis, stands at 50 euros per MWh; This is more than double the 20 euros per MWh two years ago. Before the latest extension, approved at the end of March, Ribera had already asked for this measure to be extended through 2024, but it was the European Commission that limited this to the end of the year according to the current crisis time frame.
First measures
The measures outlined by Ribera agree that there are some of these. First measures implemented by the executive. Most between June and October 2021, even before the start of the Ukrainian war. This situation tax deduction from the electricity bill. It was decided to reduce the bill for the first time in June 2021, with the increase of VAT from 21% to 10% and the suspension of 7% of production. Few months later, Septemberreducing Electricity Special Tax (from 5.1% to 0.5%) and after the start of the war in Ukraine in June 2022, We reduced VAT to 5%.
Between September and October 2021, the Ministry of Ecological Transition initiated the blackout due to the extraordinary income of electricity companies from their nuclear and hydraulic production, which in practical terms represents the obligation of these companies to: will limit new long-term supply contracts to 67 euros per megawatt-hourIn addition to expanding the scope of discount on electricity bill for vulnerable familiesknown as electric social bonus (from 25% to 65% and from 40% to 80%).
A year later, in September 2022, the VAT discount on natural gas will be increased to 5 percent, and a month later, special assistance will be created on electricity bills for the middle classes (40% discount). part of the regulated tariff (TUR) and the creation of a new regulated tariff for central heating (TUR Vecinal). In addition to the discounts on energy and food, food discounts are also decreasing at the end of this year. public transport urban and intercity, at least 50%; suspension evacuations from vulnerable families; the ban on dismissal In companies that have received public aid; and direct aid carriers.