Monday, September 29, 2014

Bills in October comes the whammy: gas more expensive by 5.4%, electricity … – The Press

Bills in October comes the whammy: gas more expensive by 5.4%, electricity … – The Press

Increases in sight for the bills of electricity and gas. The Energy Authority announced that from October 1st the methane will undergo a rise of 5.4% (for the Ukrainian crisis) and electricity by 1.7%, for a total extra cost of 21 euro for a family kind of. However, the Authority recalls that throughout 2014 the savings for gas bills will be 84 euro.

For the gas to alert the authorities in the note, market tensions related to expected seasonal increases in raw material and to the Russian-Ukrainian crisis led to the increase of 5.4% (equivalent to approximately 19 euro for a family type); However, thanks to the reform which since last year has hooked Italian prices to those of the European market, the same family type in 2014 will have saved 84 euro compared to 1,257 euro of the total gas bill of around 2013

“With the old indexation to oil and long-term contracts – adds the President Guido Bortoni – spending on gas would have been much higher. Instead, as a result of the new prices “European” in 2014, the average family will save 6.7%, or 84 euro less than in 2013, and about 66 euro (-5.3%) compared to 2012 despite the increase in demand in Europe due to higher winter demand and geopolitical crisis. ” In short, “the good news is that now the Italian consumers pay the feedstock gas like other European consumers at a price attached to the trend, upward or downward, of the major continental exchanges.”

As for electricity, however, there was a quarterly increase of 1.7% (equivalent to about 2 euro), mainly due to the recovery of the deviations from the estimates of the cost of supply of raw materials and the need to finance some costs of the system. Among these states, in particular, the component for the safety of the nuclear A2 to meet the needs of revenue relating to payments to the state budget. With respect to this component, the Authority has also highlighted the need for the planned government measures are implemented that allow the reduction.

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