Tuesday, December 30, 2014

SPAIN: Cheapest price of light in December, up 25% … – EntornoInteligente

SPAIN: Cheapest price of light in December, up 25% … – EntornoInteligente

Home & gt; Business | Posted on Wednesday, December 2014

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SPAIN: The price of light <- - AUGURE_TITULO_INICIO!> in December, 25% lower than a year ago

ABC of Spain 2 / The average daily price of wholesale electricity market during December was of 47.47 euros per MWh (megawatt hour), compared with 63.64 euros in the same month last year, when the government suspended the auction rate fixed light to January 2014 because it forced a rise of over 11% for domestic consumers. Finally, the rate rose 2.3% from January 1.

These prices are a reference to determine the electricity tariff for each consumer, as established profiles Red Eléctrica. This system was launched a few months ago to replace the quarterly auction after the scandal that occurred with the aforementioned auction December 2013, which ended with a price of 61.83 euros.

In December This year the daily market price has become cheaper by 25% over the same month of 2013, according to data from Omie, the company that manages the wholesale electricity market. Meanwhile, the average price in 2014 was of 41.96 euros per MWh, 5% lower than the 44.19 euros MWh 2013. The fact that today ends the year is the lowest since 2010 (36.94 euros)

Information ABC of Spain 2 .

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