Electricity Prices Going up 25%??

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15 Dec 2011 12:00 AM by Team GB Star rating. 1245 posts Send private message

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I've heard that the new Spanish government, that by the way is inaugurated tomorrow, will no longer subsidise electricity prices and as a result there will be two increases next year of around 12% - the first early in the new year.

Has anybody else heard this?

Endesa's competitors Iberdrola are offering to fix your current costs until 2013 if you switch to them before Christmas, it seems to good to be true and we all know what that means - anybody know anything more about this?

 

 



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16 Dec 2011 10:26 AM by EOS Team Star rating in In Spain of course!. 4015 posts Send private message

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I hadn't heard that prices were going up.  In fact, Endesa rang me up a couple of weeks ago and asked me if I wanted a 15% discount on our current charges if we signed up to stay with them for another year.

So we've just got a price reduction

Justin



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