He price of light This Sunday it will rise to 57.94 euros per megawatt hour (MWh), after an increase of 14.64% compared to the price of yesterday Friday (50.54 euros per MWh). More than two million consumers who became infected adjustable rate In Spain this weekend you will notice an important respite in… Electricity bill after marking on Wednesday highest price since January 12 last year, when it reached €97.17 MWh. This is according to the Iberian Energy Market Operator (OMIE).
Affected Consumer Accounts regulated market or voluntary price for small consumers (PVPC) consists of an energy term, which represents what is consumed and changes every hour. This, in turn, consists of a “bundled” price, tolls and other services necessary for the proper functioning of the electrical system. In addition, revenues include other concepts such as contracted capacity, taxes (e.g. VAT) and equipment rental.
The final cost is something you will have to take into account to try it out. keep and choose the cheapest time slots to use the devices that use the most energy, e.g. washing machine, air conditioner or dishwasher. Here’s what prices look like today.
Despite Saturday’s reduction, users should be wary of the most expensive watches, which will exceed the 100 euro megawatt hour barrier. These will undoubtedly be the hours when it will be possible to avoid using the appliances that consume the most energy, such as the washing machine or dishwasher, and be able to save on energy bills, as experts recommend.
So, this Saturday price of light It falls again to an average of €50.54 MWh. He Maximum price The value of 106.8 euro MWh will be reached, which will be recorded from 22:00 to 23:00. minimum price According to the Iberian Energy Market Operator (OMIE), this will cost 1.5 euros MW and will occur between 15:00 and 16:00.
Tomorrow, Sunday, the price of electricity will drop again to 57.94 euros MWh on average. He Maximum price A value of 103.22 euro MWh will be reached, which will be recorded between 22:00 and 23:00. He minimum price According to the Iberian Operator of the Energy Market (OMIE), this will cost 0 euros per MW and will occur between 15:00 and 16:00.
As we indicated, the price of consumed electricity (energy term) in the regulated tariff depends on several factors, therefore can never be free despite the fact that the price on the wholesale market is zero euros per hour.
From 1 January 2024, a new PVPC calculation structure will be applied to index it to forward market prices and reduce its volatility, which affects the calculation of the term energy regulated rate. This hourly price curve is the result of adding up the cost of energy production (the “pool”), transportation and distribution charges, and fees corresponding to the energy consumed.
In turn, the cost price of production consists of hourly price based on daily energy market data published by the Iberian Electricity Market Operator (OMIE). In addition, these prices also take into account the cost of adjustment services managed by Electrical network as a system operator, in addition to other concepts included in the current rules.
The PVPC with a rate of 2.0 TD, effective from 1 June 2021, replaced the three that existed before 31 May 2021 with a single one that has time discrimination in three periods for the application of road charges and regulatory charges. more expensive (rush hour) will be in the morning from 10:00 to 14:00 and in the evening from 18:00 to 22:00. He half price (regular times) in the morning from 8:00 to 10:00, in the afternoon from 14:00 to 18:00 and at night from 22:00 to midnight. He cheaper (off-peak time) ranges from 0 to 8. All of these times will apply in Peninsula, Balearic and Canary Islands. In Ceuta and Melilla, periods start and end an hour later, except for a fixed period between 23 and 24 hours.
These periods apply to the energy and capacity in the electricity bills of those consumers covered by the PVPC – contracted capacity up to 10 kW – throughout the country.
When we buy new technologyIt is important to consider three fundamental aspects: their energy efficiency, using them correctly (some even have saving modes) and ensuring that their consumption adapts to our needs. Electricity bill
. However, there are some devices that tend to consume more power than others.He DishwasherAlthough not present in all homes, this appliance is one of those that consume the most electricity. According to OCU calculations, it can consume up to 246 kWh per year, which is approximately 7% of total energy consumption and results in an additional 74 euros on the annual electricity bill. The same is true for washing machine, which can consume up to 255 kWh per year, that is, about 77 euros in addition to the annual bill. Finally, and quite logically, Fridgewhose average consumption is 662 kWh per year, which means an increase in the annual rate of approximately 199 euros in the case of PVPC.
The last Council of Ministers in 2022 approved an increase in VAT on electricity from 5% to 10% and maintaining this rate until the end of 2024, provided that prices per MWh on the wholesale market remain the same. above 45 EUR/MWh. If the wholesale price had been below this level in the calendar month preceding the last billing day, VAT would have been 21%. Only households receiving a social bonus are exempt from this increase, keeping VAT at 10% through 2024.
Today we have an average price for June of 55.21 euro megawatt-hour (MWh) or the same 0.552177 euro/kWh with a forecast of 73.75 euro megawatt-hour (MWh) for July. “This means that if the established limit of 45 euros MWh is exceeded VAT will return to 10% for all invoices issued in July,” details from Selectra.
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