Tuesday, August 16, 2022
US Daily News Onlne


The cost of the gas cap will be distributed among all the electricity customers

The government this Friday approved the expected cap on the price of gas that, according to Minister Teresa Ribera, will…

By admin , in news , at May 14, 2022

The government this Friday approved the expected cap on the price of gas that, according to Minister Teresa Ribera, will reduce the electricity bill by more than 30%. This measure will benefit only the consumers falling within the purview of the regulated rate. currently, four out of ten houses The Spanish daily pay light marking the market.

They are the ones who have endured the historic rise in prices in recent months. This also big industry The remedy will be beneficial. 80% of these companies are covered by PVPC.

Edge has 19.8 million users entered the free market. Those that maintain a fixed price that can be reviewed annually and who have managed to avoid the volatility of the electricity market during the past year. These consumers have enjoyed government-approved tax deductions to bring down the cost of electricity. Nevertheless, Teresa Ribera has promised that the royal decree will reduce the bill for all consumers. “It will reach everyone, because they have to renew their contracts,” he said.

cost will be shared

In this way, the government justifies the charge of measurement on all power users. By limiting the price of gas, there is a mismatch between the cap and the actual price.

According to the third vice president, the measure will be financed through a reduction of “extraordinary benefits of power companies that use other technologies (hydraulic or nuclear) that have not been affected.” In any case, the holder of energy It is not hidden that the real burden will fall on the customers,

The cost will be reflected in the bill for all customers who are covered by the regulated rate and who subscribe to the free market. “The benefits of the measure will reach all consumers, as well as those who have contracts for less than a year,” Ribera promised. From his department he insisted that all users would “clearly win.”

Further, the executive did not offer further details in this regard. That fine print will be analyzed by the European Commission, which will have to give its final endorsement for the measure to take effect.

The cost of the gas cap will be distributed among all the electricity customers

2022-05-14 02:23:00