The electricity bill of a consumer subject to the regulated tariff or Voluntary Small Consumption Price (PVPC) August to be highest since February 2023After this month, the monthly price of electricity on the wholesale market was the most expensive in almost a year.
According to the simulator of the National Commission for Markets and Competition (CNMC), the bill of a user with a power of 4.4 kilowatts (kW) and a monthly consumption of 60 kilowatt hours (KWh) at peak times, 70 KWh in flat areas and 120 KWh in the valley, will be 57.19 euros, the highest in 2024, surpassing that of January.
In addition, The electricity bill for this month of August is 9.62% higher than that of July and 3.75% more expensive than in August 2023, although in the latter case a 5% VAT was applied to mitigate the increase in the cost of electricity due to the energy crisis, which decreased at the end of the year to 10%.
To find a bill higher than this August, we have to go back to February 2023, when the amount for this average consumer was 64.88 euros, 11.85% more than today. In addition, it will be 42.57% lower than the historical levels of July 2022, when it reached 99.59 euros in the midst of the energy crisis after the Russian invasion of Ukraine.
On the other hand, the price of gasoline remains at moderate prices, a little over one and a half euros per litre and with a somewhat downward trend this summer.
