Electricity prices remained unchanged in the second half of the year

ERSE – Entidade Reguladora dos Serviços Energéticos has approved the maintenance of electricity prices for the regulated market from Saturday, but the average price is up 1% this year compared to 2022.

In a statement released on June 15, the regulator indicated that it has approved domestic consumers who remain on the regulated market or who, even if they are on the free market, have chosen an equivalent tariff that lowers end-user selling prices. voltage (BTN) “did not change” in July compared to June. According to ERSE, this group includes 969 thousand customers, which accounted for 6.7% of total consumption in April.

According to ERSE, “Compared to the 2022 average price, consumers are seeing a 1.0% increase in the final selling price in 2023,” indicating that this increase is lower than the previously announced value of 3.3% for this year. due to the decrease in tariffs for sales to end consumers observed in April.

According to ERSE, prices for a couple without children (power 3.45 kVA [quilovoltampere]consumption 1900 kWh/year [quilowatts-hora]) at 36.62 euros, and for a couple with two children (power 6.9 kVA, consumption 5000 kWh / year) at 92.43 euros.

Consumers with a social tariff “continue to enjoy a 33.8% discount on sales tariffs to end consumers, established by the order of the member of the Government responsible for the energy sector.”

The regulator also indicated that in the Azores Autonomous Region, BTN customers will see a price decrease of 1.9%, while in Madeira the price will fall by 2.2%.

ERSE, which had already made the proposal public on April 28, stated that “the current exclusive tariff setting aims to adapt the electricity tariff and grid access tariffs to current market conditions”, in particular as a result of the “Common Economic Interest (CIEG) renewal” associated with electricity generation, and whose grid access tariff benefit will be lower than originally envisaged” for this year.