Thursday, December 15, 2016

The government sees “with satisfaction” 1.2% increase in the price of electricity – Jornal de Negócios – Portugal

In a statement today sent, the office of the secretary of State for Energy, Jorge Seguro Sanches, said: “this rise in the price of energy occurs in a context unprecedented,” being “the lowest of the last 10 years, below the inflation expected for the next year.”

according To the guardian, the value now fixed by the ERSE “reflects the effort of the Government to halt the excessive costs of the national electric system”, in a year in which “the debt service rate reaches the highest value of all time, [of] 1,900 million euros”.

The electricity tariffs in the regulated market will rise by 1.2% for domestic consumers from 1 January, which represents an increase of 57 cents on an invoice monthly average of € 47.

The rates the transitional to consumers who have not yet migrated to the liberalized market, which prevail during the entire year of 2017, have the variation the lowest since 2006, the year in which the increase was also 1.2%.

The increase of the tariffs of electricity, released today by the ERSE, due to the impact of debt service costs “to a historically high level”, despite the reduction in the interest rate differential of cost with the special regime production – the production of water and wind was higher than expected and income from the lease of the municipalities in the Autonomous Regions.

Still, the futures prices of the electric power – deriving from the descent of the oil price – lower than in the previous year and the measures adopted by the Government enabled to mitigate the increase in rates in 2017.

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