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Electricity bills may rise again after July
Monday, June 24, 2013 @ 12:03 AM

ELECTRICITY could go back up in price after falling by 6.62 per cent in April when the supply is put to auction on Tuesday this week.

The production, purchase and re-sale of electrical energy is auctioned by the State every quarter, and at present the markets are showing a rise in the cost of this – and where an increase is involved, this is passed on to the consumer.

Equally, a decrease is passed to the customer, but April's price reduction is the first since early 2009, as it has been rising regularly over the past four years.

Only between 40 per cent and a half of each electricity bill accounts for energy supply, with the rest being taxes, charges and 'toll fees' or franchise costs levied by the State. 


Like 0


George of Sabinillas said:
Saturday, June 29, 2013 @ 7:18 AM

Only half of an electricity bill is electricity? Can anyone expand on this, as it seems a lot? It would mean saving half your electricity bill would require saving 75% in kw.

midasgold said:
Saturday, June 29, 2013 @ 7:28 AM

Bit like petrol in the UK then, 70% of the cost going in tax.

Elizabeth said:
Wednesday, July 3, 2013 @ 3:01 PM

I am new to this site. I am thinking of moving to Spain next year. I have read most of the comments on eye of Spain, covering most of the topics. Spain is not the only country where things are becoming more expensive. It's the life style that matters. If you can afford to
live in another country then enjoy the experience.

Morbob said:
Tuesday, August 6, 2013 @ 8:25 PM

Did the price of electricity go up after July as stated? If so from when and by what percentage

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