The PP proposes that electricity companies be compensated with public money if they lower the bill for those who save energy

The Popular Party has sent this Monday to the Government an economic plan to face the bill of the energy crisis of homes and companies. One of the main proposals of this package is that energy marketers lower the electricity bill for those who reduce their energy consumption. The cost of this measure would not affect the profits of these companies, but rather the State, which would have to compensate it fiscally, in a system that has not been specified.

The person in charge of presenting this package of measures has been the deputy secretary of the PP Juan Bravo, who has proposed a system of scales according to energy savings. If a home, for example, reduces its energy consumption between 3% and 7%, it would have a reduction in the electricity bill of 5% and 10% in gas. This discount would be greater when the consumption reduction was more important. The PP makes an estimate of savings of 2,900 million euros from reducing the bill.

Bravo understands that companies have digital systems to measure how much a customer's consumption has changed compared to the same month last year to calculate that discount. The company would assume that cost in a first way, to later implement a system by which the State compensates this loss of income. In this way, the companies would not see their business eroded but would be covered with public money, although the specific method is not specified, which leaves it at the mercy of an agreement that indicates this fine print.

The PP considers that the State can assume this cost and, for this, draws the following scenario. If energy consumption is reduced, "by the law of supply and demand", there will be a reduction in prices. This will lead, they add, to a reduction in the cost of other products in the economy and, therefore, to a reduction in the CPI. For each point less of inflation, they continue, the economy would assume 20,000 million less cost for companies and the public sector. Thus, the cost of 2,900 million of this reduction would be compensated.

In this sense, the main opposition party shows its rejection of the processing of the tax on electricity companies to limit their extraordinary benefits. According to Bravo, "it doesn't make sense" for Spain to process its tax - which countries like Italy already apply - while Brussels has not yet specified what the method chosen to limit extraordinary benefits will be. Although the rejection of the measure is insinuated, it has avoided specifying the PP's vote for this tribute, which begins its processing this Tuesday in Congress. "From the outset, not to any measure that does not serve to reduce the electricity bill," he pointed out.

The PP points out that the package of measures is "a proposal to be able to reach an agreement" with the Government. Although, Bravo himself acknowledges that many of these proposals may be limited by the European framework. "We are in a negotiation process in the EU and it is subject to Brussels being able to apply it," he pointed out. Bravo has charged against measures of the coalition government that seeks to "go it free" or "with Portugal" in the measures applied to alleviate the energy crisis.

In the document that it sends to the PSOE, the PP raises other proposals that, also, depend on Brussels. One of them is to temporarily lower the cost that companies pay for CO2 emissions. Bravo justifies this proposal in two ways. On the one hand, he argues that the high energy prices themselves are already causing the objective sought by the measure, which would be to make a transition to cover their activity with renewable energy and self-consumption. The second is that companies have to compete with other countries that do not have these emission costs, which can lead to the suspension of production or relocation. The PP leader denies that this goes against the energy transition. "It is temporary in nature and the energy transition goals are not for six months or a year," he argued.

Among the fiscal measures, the PP also proposes to simplify the taxes that are applied to the electricity bill. Some of them approved by PP governments in the past. Thus, it proposes to go from 8 taxes to one. This measure, acknowledges Bravo, must be done "in coordination with Brussels."

The PP has aligned itself with other government proposals. One of them is to recover the Midcat project, the gas pipeline that joins with France to improve the export of gas to Europe. This proposal, he points out, was rejected in its day by the Socialist Executive and it opts for diplomatic channels to reach an agreement with France for the installation. "We must not give up valuing this system," Bravo assured.

The PP maintains other ideas that the president of the party, Alberto Núñez Feijóo, has raised in his public appearances. This is the case of prolonging the life of nuclear power plants, whose expiration is scheduled for the year 2027. Bravo has shown confidence in getting the energy companies to support this project, as long as they are given the certainty of a long-term commitment to this Energy.

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