Price of electricity drops to lowest point since May 2021
Wholesale cost in the regulated PVPC market will average at €52.51/MWh on December 22
Wholesale cost in the regulated PVPC market will average at €52.51/MWh on December 22
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This is a €10 increase on the previous record, which was set a day earlier at €291.73/MWh
Cost continues to soar as experts say encouraging renewables through legislation would contribute to lower bill
Spanish government considering further lowering taxes to ease impact of high prices
Best time to use appliances on Thursday is from 11 am to noon
Prices went up by 1% in October, in comparison to September, and left the annual inflation rate in Catalonia at 0.9%, according to the definitive data released on Tuesday by the Spanish National Institute of Statistics (INE). The products that influenced the increase in prices most were the clothing and footwear sector, due to the start of the winter season, and the price of electricity and fuel – both rose in October this year, while they decreased in the same month of 2015. The inflation rate at the end of October is the highest registered since August 2013, when it reached 1.7%, and confirms an upward trend that has now lasted for three months.