Spanish Households Pay 90 Euros More For Electricity So Far In 2021

Spanish Households Pay 90 Euros More For Electricity So Far In 2021

Households pay 90 euros more for electricity so far this year. The electricity bill for households covered by the Small Consumer Voluntary Price (PVPC) has risen by 26.5% in the first half of 2021, when it reached an average of 435.79 euros , which represents an increase of 91, 23 euros compared to what was paid in these months of 2020 (344.56 euros).

This is reflected in the simulator of the invoice of the National Commission of Markets and Competition (CNMC), when consulted by the invoice of an average consumer with a contracted power of 4.4 kilowatts (kW) and an annual demand of 3,900 kilowatt hours (kWh).

An important part of the increase accumulated at the beginning of 2021 was produced by the sharp increase in the bill in the first half of January, when the effect of the storm Filomena and the cold wave caused a rise of around 30% in the receipt, equivalent to just over 10 euros.

Later, after falling in February, the bill began to rise significantly as a result of the rise in the price of natural gas , which is the technology that ends up setting the price of production, and the rise in CO2 emission rights.

As for June, the receipt amounted to 87.35 euros , a figure 22.1% higher than that of May (71.55 euros). In daily terms, there was a somewhat higher rise, close to 23%, since June has one day less than May. Compared to June of last year, the price of electricity shot up 64.6% since then electricity cost an average of 53.07 euros per household.

In June, the new system for training tolls and regulated billing costs came into force , with the three billing time slots. To carry out the price simulation, it has been calculated with a single power of 4.4 kilowatts (KW) and a consumption of 37.5% in peak hours, another 37.5% in flat hours and the remaining 25% in hours Valley.

To stop this strong increase in the receipt, which has led it to reach its all-time high in June , the Government has just approved a temporary VAT reduction from 21 to 10%, which came into effect on the 26th and will last until December 31 of this year, and the suspension of the 7% generation tax, which will continue during the third quarter.

So far in 2021, consumers have paid 86.73 euros for the fixed term, 251.39 euros for consumption, another 17.28 euros for the electricity tax, 4.76 euros for the metering equipment and the rest 75.63 euros for VAT.

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