Industry insists that it will apply the so-called “electricity price for hours”admin
The Ministry of industry, Energy and Tourism has published a press release explaining that, “as stated in the draft Royal decree informed by the National Commission on Markets and competition, and pending opinion of the Council of state” , as from 1 april, a system of electricity prices shall be applied to the consumer which will consist of one of the following four Modalities.
Industry insists that it will apply the so-called “electricity price for hours”
1) hourly price For all consumers with an integrated smart Meter.
2) daily average market price applied to the billing period for consumers who do not have an integrated smart counter Installed.
3) the price derived from the standard annual contract that the marketers of reference to consumers will have to offer.
4) bilateral price derived from the free negotiation between the marketer and the consumer that they can eventually make.
The new system will be in effect as of April 1. The Ministry of industry, Energy and Tourism explains in any case that it shares with the National Commission on Markets and competition, as it stated in its report on the draft royal decree, the possibility of delaying in time “the precise moment of Start of billing According to this new system “beyond the month initially contemplated (april) in the draft royal DECREE.