Electricity bill hikes spark crisis action
Thursday, September 20, 2018 @ 2:16 PM
ONGOING debates into how to bring down electricity bills are starting to bear fruit, albeit slowly – the firs step will involve temporarily axing one of the taxes.
It will only reduce the average monthly household bill by around €3, but will be a helpful start – given that electricity typically costs just under 86% more nowadays than it did 15 years ago.
New minister for Energy Transition Teresa Ribera – who took up her post in early June – has already been facing a critical moment in her career as power bills have continued to rise rapidly since she started the job, and measures to curb the upward spiral have become an emergency.
Among these measures is cutting out the 7% energy generation tax and increasing the eligibility criteria for 'special needs' discounts, applicable for those on very low incomes.
Sra Ribera is also discussing introducing a low-income discount on heating bills.
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