Electricity bill simulator CNMC reveals a reduction of 21% of the bill compared to September
The electricity bill of an average household covered by the Voluntary Price for Small Consumers reaches 77.92 euros a few hours before the end of October, which will make it the cheaper from August 2021, when it stood at 72.13 euros.
This is reflected in the simulator of the electricity bill of the National Commission of Markets and Competition (CNMC)which reveals, with respect to last month, that the bill is reduced by 21%since in September it amounted to 99 euros.
The October receipt will also close with a lower amount than in the same period last year, reducing by 14%, since it amounted to 90.81 euros between October 1 and 29, 2021.
It is also the cheapest bill so far this year, with a significant difference from the month of May, which stood at 91.07 euros.
The important fall in monthly terms is added to the 19.8% experienced in September, which ended the upward trend registered since June, when Russia limited the supply through the gas pipeline. Nordstream.
In fact, August closed with the second highest bill in history (123.45 euros), only surpassed by that of March this year, when 131.53 euros were reached, despite having the cap on gas and the reduction of the VAT rate from 11% to 5%.
With October down, a series of 19 consecutive months of year-on-year rises comes to an end, which on many occasions have even exceeded 60%, which explains a large part of the strong increases experienced by the CPI this year.
Said evolution of the price of electricity corresponds to the bill of an average consumer with a contracted power of 4 kW and an annual demand of 3,240 kilowatt hours (kWh).
In June 2021, the new system of formation of tolls and regulated costs of the receipt, with the three billing time slots. To carry out the price simulation, a consumption of 30% has been calculated in peak hours, 25% in flat hours and the remaining 45% in off-peak hours, according to the Servimedia agency.
These fluctuations in the price of electricity are basically caused by variations in the cost of production, which increases when there is little contribution from renewable generation sources such as water and wind and a lot from more expensive fossil sources, especially gas or electricity. the coal It is also affected by other factors such as the price of oil and sludge CO2 emission rights.