Gas cap: The ‘tax’ reaches the electricity bill with increases of up to 30 euros – El Debate

After the approval of Royal Decree-Law 10/2022 approved by the Government on May 13 on the price of electricity, a new concept called ‘gas price cap’ has been added. This new rate can be seen on electricity bills. those customers who have renewed the contract this year and will appear in those who have to renew it in the future. This new cost charge involves charging an additional 13 cents per kilowatt consumed. Invoice of a user in which this cap of gas@drago_cop can be seen By setting a cap on the price of gas, the Government has caused the difference between the price of the cost of generating gas and the fixed price to be assumed by the marketers. And the latter are charged to the customer on the bill through a surcharge concept. The price of electricity in our country reached its highest price this Tuesday since Pedro Sánchez introduced his famous ‘Iberian exception’, thanks to which Spaniards would pay less. However, the constant rise in gas and electricity prices demonstrates the dubious usefulness of this mechanism approved by the Government. France exploits the Iberian exception Despite the fact that prices are skyrocketing in Spain, they are still among the lowest in Europe. For this reason, countries like France take advantage of this situation and buy all the electricity they can from our country. This increase in the export balance with France means that French consumers do not pay compensation to combined cycle plants for the measure, which falls on Iberian consumers.Since the entry into force of the Iberian exception, exports to France have grown exponentially. Specifically, France has increased its electricity imports by 200% and has reduced its exports by around 95%. France, which has made a clear commitment to nuclear energy, has taken advantage of the summer season to maintain and refuel its plants for winter thanks to Spanish energy. Another neighboring country, Portugal, has been supplying itself, since it depends mainly on hydroelectric generation and this summer has been especially dry for the Portuguese country. Electricity exchanges with France have skyrocketed to about 25 terawatt hours (TWh) annually, approximately 10% of the demand in Spain, quintupling the usual 5-6 TWh. According to the calculations of Aelec (Association of Electric Power Companies), which forecasts French demand “at all hours”, which will lead to increased production.