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Electricity Cost.

Posted: Mon Apr 4, 2022 5:09pm
4 replies169 views4 members subscribed
GerryT

GerryT

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Has the  cost of electricity increased dramatically recently as per UK. Has Iberdrola increased their standing daily charge as my bills seem to be increasing in the last few months despite the property being empty.

Sunnyspain

Posted: Tue Apr 5, 2022 7:27am

Sunnyspain

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Posted: Tue Apr 5, 2022 7:27am

Yes prices have increased 

Check your previous bill to current bill to see if standing charge has increased. 

GerryT

Posted: Tue Apr 5, 2022 12:38pm

GerryT

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Posted: Tue Apr 5, 2022 12:38pm

Sunnyspain wrote on Tue Apr 5, 2022 7:27am:

Yes prices have increased 

Check your previous bill to current bill to see if standing charge has increased. 

I gather the standing charge must be as the property is empty.

Dec 21..€17.47

Jan 22..€18.12

Feb 22 ..€20.39

Mar 22..€22.96

Will check April's, surely they won't increase it every month!

RichT

Posted: Tue Apr 5, 2022 1:55pm

RichT

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Posted: Tue Apr 5, 2022 1:55pm

The Standing Charge (potencia) increased by about 18% at the start of the year, although in reality, this was approx. €0.015 per kW day for Peak.

Your bills aren't always for the same period and, for example, your January bill will have included some of December when the rate was lower, February is a shorter month, etc. so March is more likely to represent the values going forward.

None of this relates to consumption charges, which will have gone up unless you are on a fixed tariff (same as the UK); however, the Spanish government has extended the reduction in IVA to 10% (from 20%) and the reduction in the electricity tax to 0.5% - both until end-June.

Hope this helps!

GerryT

Posted: Tue Apr 5, 2022 2:22pm

GerryT

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Posts: 286

78 helpful points

Location: Los Alcázares

Joined: 26 Mar 2021

Posted: Tue Apr 5, 2022 2:22pm

RichT wrote on Tue Apr 5, 2022 1:55pm:

The Standing Charge (potencia) increased by about 18% at the start of the year, although in reality, this was approx. €0.015 per kW day for Peak.

Your bills aren't always for the same period and, for example, your January bill will have included some of December when the rate was lower, February is a shorter month, etc. so March is more likely to represent the values going forward....

...

None of this relates to consumption charges, which will have gone up unless you are on a fixed tariff (same as the UK); however, the Spanish government has extended the reduction in IVA to 10% (from 20%) and the reduction in the electricity tax to 0.5% - both until end-June.

Hope this helps!

Thanks for the reply,I thought it was probably an increase in the daily charge. Don't know if you're in the UK or in Spain but people in UK are going to be struggling big time this year with the big increase in gas especially and electric also. And further increases in September. Think many will go tho Spain for the winter months as probably cheaper than staying at home.

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