The new electricity bill, designed by the National Commission for Markets and Competition and the Ministry for Ecological Transition and the Demographic Challenge, came into force on 1 June this year with the aim of achieving more efficient energy consumption by consumers.
At Lasose Properties & Investments we give you all the keys to understanding the new electricity bill.
With this new electricity bill the amount charged will depend on daily consumption. From now on prices are differentiated according to the time of day the energy is consumed, separated into three distinct time periods:
- Peak period: this is when energy is most expensive and is between 10am and 2pm and 6pm and 10pm.
- Flat period: in this case, the cost of electricity is intermediate and is between 8am and 10am, 2pm and 6pm and 10pm and 10pm and midnight.
- Valley period: this is the cheapest tariff and covers the period from midnight to 8am as well as weekends and national holidays.
From now on, consumers who change their habits and act more efficiently in terms of consumption will pay less, which will also mean that there will be no need to make new investments in networks.
The power for each period is that which is currently contracted, although this can be modified up to two times throughout the year. In addition to this, with this new model there will be no need to choose tolls or charges. Although if the aim is to save on electricity bills, the contracted power and consumption patterns will have to be adapted to these new time periods.