The price of light on the regulated market falls by five euros per megawatt hour (MWh) from April 1, according to an update from the regulator, which means a 3% reduction in the average monthly bill.
“ERSE – Entidade Reguladora dos Serviços Energéticos, updates the price of the energy tariff on the regulated market by – 5 euros MWh starting April 1, 2023,” the regulator said in a statement.
This upgrade will mean a reduction in the average monthly electricity bill of around 3% for the majority of domestic consumers in the regulated market.
On a quarterly basis, this regulator analyzes whether the energy tariff on the regulated market is adequate, given the acquisition costs considered for the Trader of Last Resort (CUR).
Thus, there is a deviation of more or less than 10 euros per MWh compared to the expected acquisition cost.
For this year, the CUR acquisition cost forecast update should have a deviation of less than 73.04 euros per MWh compared to the implicit forecast in the prices of the electricity tariff in effect until March, ERSE said.
In this sense, the adequacy of the energy tariff will lead to a reduction of five euros per MWh from April.
“The estimated impact of this update on the regulated market for the most representative types of consumers is approximately -3% of the total electricity bill (including fees and taxes) in relation to current prices,” he stressed.
As of April, the average monthly bill of a married couple without children with a contractual output of 3.45 kilovoltamperes (kVA) and consumption of 1,900 kilowatt hours (kWh) per year will be about 36.62 euros, minus 1.02 euros compared to March of the same of the year.
For a couple with two children with a contractual power of 6.9 kVA and consumption of 5,000 kWh per year, the bill should be 92.43 euros, which is 2.83 euros less than the amount paid in the previous month.
Thus, the 3.3% increase in the regular low voltage tariff announced for this year will be 1%.
As of 2023, the regulated market includes about 988,000 customers and accounts for 7.5% of total consumption.
ERSE also advised consumers to be aware of “possible changes in price conditions applied by market suppliers”.
Author: Portuguese
Source: CM Jornal
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