Wednesday, March 30, 2016

Oil down, light and gas bills cheaper from April – Il Sole 24 Ore

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This article was published March 30, 2016 at 20:04.

Sharp reduction from April 1 to the bills of electricity and gas, after the declines of the first three months of the year. Family-type, explains the Energy Authority, the electricity bill will mark a decline of 5%, while that of gas the decrease will be even more substantial, with a -9.8% (partially waiting for the summer season), for a total savings in the 12 months to 67 euro.
For electricity, explains the Authority, spending on family-type between July 2015 and June 2016 will be around 502 Euros, a decrease of 1.6% compared to the 12 months of the year equivalent previous year, corresponding to a saving of approximately € 8. For gas spending in the same period will be about 1,076 Euros, a decrease of 5.2%, “which corresponds to a saving of around 59 Euros.”

In the second quarter of 2016, underlines the Energy Authority, “the reduction of the gas bill is mainly due to the exceptional drop in raw material component, driven by the performance of courses of markets, and specifically, from the expectations reflected in the recent downward futures prices in the wholesale natural gas markets in Italy and for the next quarter in Europe (with lower expected prices by about 30% compared with expectations embodied in those detected only three months before with reference to the same period). ” Decreases that, “thanks to the reform of the Gas Authority in 2012 capable of the wholesale price signals in glove tie in with the retail market, are immediately transferred to the final consumers. The downward trend in the markets of energy commodities was affected by the current weakness in economic growth in the world, plenty of gas in Europe and dynamics, even geopolitical, the producers offer strategies “.
“Of the collapse of fuel prices – adds the Authority – and in particular gas, also benefited from the price of electricity, downhill on the wholesale market, resulting in the change of negative sign the bill of ‘electricity, mainly due to the decrease of the total costs for the supply of “material energy.” Instead they remain unchanged – he concludes – the other major components such as the system charges and transmission charges, distribution and measurement. A slight increase only dispatching costs for maintaining the system in balance. ”



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