The electricity bill becomes more expensive again in July, the second most expensive in history

the electric bill gets more expensive again in July and it will be the second most expensive in the historical series according to the latest analysis by the consumer organization Facua. Specifically, the average user will pay 142.3 euros in the receipt for the current month, the highest amount only surpassed by the 176.73 that was paid on average last March.

This average user referred by Facua has a contracted power of 4.4 kW and a monthly consumption of 366kWh. In reference to the time slots, the average indicates that 45% of consumption occurs during off-peak hours (with an average price of 35.14 cents per kWh), 29% during peak hours (whose price per kWh is on average at 38.34) and the remaining 26% during flat hours (with an average price per kWh of 33.75 cents).

From Monday to Friday, peak hours apply from 10:00 a.m. to 2:00 p.m. and from 6:00 p.m. to 10:00 p.m., the flat hours from 2:00 p.m. to 6:00 p.m. and from 10:00 p.m. 00 to 8.00 hours. Saturdays, Sundays and national holidays the off-peak schedule applies 24 hours a day.

To date, the five highest bills have been 176.73 in March 2022, 142.30 euros this July, 140.62 in December 2021, 133.85 last June and 133.06 January of this year.

On the other hand, the weekly energy barometer prepared by the Association of Companies with Large Energy Consumption (AGCE), which establishes the average price of the daily market in July at 142.66 euros per MWh, indicates a rise of 54.4% compared to at the price of the same month in 2021.

Likewise, the forecast for the end of the year, taking into account the evolution of the daily market, is set at 177.3 euros per MWh in Spain, 59% more than in 2021. Compared to France and Germany, the forecast would imply that Spain would close the year with the price of electricity 40.6% cheaper than the German market and 60.1% cheaper than the French market. However, the barometer indicates that in the case of the Spanish electro-intensive industry, considering the measures approved in its statute and the gas adjustment compensation, a year-end price in Spain of €241.52 per MWh is estimated, €90 per MWh more expensive than the French price, which is €151.96 per MWh.

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