Updated on Friday, 1 October 2021 – 05:14
If the Government had not limited the increase in the rates of last resort for natural gas (TUR), these would have risen from today by 25.8% in the case of TUR 1, 36.1% that would have corresponded to the TUR 2, and 47.6% to TUR 3
This Friday the new regulated natural gas rates (divided into three sections), which include increases of 0.91%, 4.4% and 10.6%, depending on the section, thanks to the fact that the Government has limited its upward revision to cushion the impact of the rising cost of this raw material in international markets.
If the Government had not limited the increase in the rates of last resort for natural gas (TUR), these would have risen from today by 25.8% in the case of TUR 1, 36.1% would have corresponded to TUR 2, and 47.6% to TUR 3.
The first of these rates is intended for households that use gas for cooking and heating water, while the second includes households that also use this raw material for heating, and the third is only used by companies with very high gas consumption.
Among the measures approved a few weeks ago by the Government to lower the electricity bill of consumers, a rule was included that limited the rise in gas rates during the last quarter of 2021 and the first of 2022.
However, the increase in the cost of gas that was pending to be applied will be recovered in the following reviews, when gas decreases its price, which yesterday stood at 82.75 euros per megawatt hour (MWh) in the Iberian Gas Market ( Mibgas), eight times more than a year ago.
There are currently around 1.5 million gas consumers covered by regulated tariffs in Spain, which are reviewed quarterly whenever natural gas experiences an upward or downward variation of more than 2%.
In addition, together with the new regulated tariffs for natural gas, tomorrow the new tolls established by the National Markets and Competition Commission (CNMC), that benefit domestic consumers and establish that the TUR goes from three to four classes.
Thus, the TUR.RL1 is created, for annual consumption of less than 5,000 kilowatt hours (kWh); TUR.RL2, for consumptions between 5,000 and 15,000 kWh, TUR.RL3, for consumptions between 15,000 and 50,000 kWh, and TUR.RL4, with consumptions between 50,000 kWh and 300,000 kWh.
In addition, the new tolls mean an increase in the regulated part of the fixed term of the invoice, but a decrease in the variable term, and the CNMC estimates that consumers could save up to 25% in regulated costs.
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