Energy When and how will the light go down: the fine print of Sánchez's plan to intervene in the electricity market
Q&A How to save on electricity bills at home
The
electricity bill
for households covered by
the Small Consumer Voluntary Price
(
PVPC
) has risen 95% in the first quarter of 2022, as it reaches an average of 332.05 euros, which represents an increase of 162.01 euros with respect to what was paid in this period of 2021 (170.04 euros).
This is reflected in the invoice simulator of the
National Commission for Markets and Competition
(
CNMC
) when consulted for the invoice of an average consumer with an annual demand of 3,240 kilowatt hours (kWh).
The accumulated rise at the beginning of 2022 is explained by the greater use of conventional sources such as natural gas and coal to produce electricity as a result of the collapse of hydraulic production due to the drought, since the cost of these fossil sources has skyrocketed for the
Ukraine war
.
Although the increase is very significant, it would still have been much higher, approximately double if the Government had not applied a series of measures since the summer of last year, such as the reduction of the VAT rate applied to
electricity bills
, the suspension of the tax on generation or reduction of the electricity tax.
Specifically, if the same structure of the invoice is maintained as it was a year ago, in which the variable cost represented 54% of the receipt compared to the current 80%, the expense in the first three months of 2022 would amount to 496.34 euros , 192% more than last year and 50% more than what was paid this last quarter.
This means that the measures applied have saved households 164.29 euros.
Thus, so far in 2022, consumers have paid 31.5 euros for the fixed term, 40% less than a year ago;
332.05 euros for consumption, 192% more;
another 1.49 euros for the electricity tax, 78% less;
2.37 euros for the measuring equipment, the same as last year, and the remaining 30.19 euros for VAT, 2.3% more.
March, the most expensive bill in history
As for March, the receipt was the most expensive in history as it amounted to 131.54 euros, a figure 32% higher than that of February (99.70 euros).
Compared to March of last year, the price of electricity shot up 130%, since electricity then cost an average of 56.35 euros per household.
In June 2021, the new system for forming tolls and the regulated costs of the receipt came into force, with the three billing time slots.
To perform the price simulation, it has been calculated with a single power of 4 kilowatts (KW) and a consumption of 30% in peak hours, 25% in flat hours and the remaining 55% in off-peak hours.
Conforms to The Trust Project criteria
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