In October this year, the liberalized market reached more than 3.28 million customers, and since October last year the number of customers increased by about 60 percent. This corresponds to more than 81 percent of total consumption in Portugal and the transitional rates less and less expression in the sector.
According to the statement of ERSE sent to the media, the most recent data from the liberalized market allow “perspetivar that in late 2014 about 2/3 of the low voltage energy consumed will not be circumscribed by the sales tariffs to final customers published by ERSE.”
The rates shown refer to the tariffs for access to the transmission and distribution networks, the transitional rates of sales to final customers and to social tariffs.
I did about the disclosed data, transitional rates apply to electricity consumers, provided by the last resort, that have not yet chosen a supplier according to market conditions.
As for social tariffs apply to vulnerable consumers at low voltage normal (BTN), described as the residential segment and micro-enterprises, receiving a discount earn low incomes.
Price Range
According to the organization, it is expected that next year about 75 percent of the total energy consumed in Portugal by the BTN segment is subject to prices set according to market conditions.
The variation in rates between 2014 and 2015 expressed differently in sales to final customers on standard low voltage. In the case of electricity supplied by the last resort, in the free market regime, gives a 1.2 percent change in price.
With regard to customers who remain in the transitional rates of sale, and therefore regulated tariffs, the change occurs in 3.3 percent.
In average monthly bill of about 35 euros, customers will pay more regulated market 1.14 euros.
Social Rates
Social tariffs of sale to final customers in standard low voltage of liberalized market traders, to be in force in 2015, have a discount established by the Government. This figure is seen, therefore, a reduction of 14 percent in the rate. Extending the scope of social tariffs for electricity was approved by the Government in the Cabinet.
This type of rates apply to beneficiaries of the solidarity supplement for the elderly, social integration income, the social unemployment benefit, child benefit, social disability pension and social old-age pension.
It is also intended “to end customers considered economically vulnerable individuals that, in the universe of end users of electricity in standard low voltage, obtain a lower annual income to the maximum annual income, still not benefiting from any social security “, reads the note.
Determinants
According to the Regulatory Authority for Energy Services, the development of the supply of electricity prices is subject to a range of criteria that balance the interests of consumers and businesses.
The variation in rates occurs, the statement said, about factors that promote the minimization of cost to the consumer, in that it seeks to ensure the sustainability of the market and promote the adaptation of prices to costs in regulated activities. Are also taken into account economic criteria and legal issues into force
tags:. Electricity, Energy Prices, Income, Rates, Variation Light
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