Portugal with 3rd highest electricity bills

in News · 29-11-2019 01:00:00 · 5 Comments
Portugal with 3rd highest electricity bills

In the first half of the year, Portugal had the third highest amount of taxes and charges on electricity bills, which accounted for almost half (49 percent) of the total paid by domestic consumers.

According to the industry regulator the ERSE, the fees and taxes in Portugal represent about 30 percent of the total price paid by consumers, and it is not possible to make a comparison with the other countries of the European Union (EU) because Eurostat does not publish the data of this component separately.


Excluding taxes, and comparing only the energy and network components for the consumer (in the annual consumption band between 2,500 and 5,000 kilowatt/hour (kWh), which is the most common in Portugal), the regulator stated that “prices in Portugal are lower than in Spain and the average of the Euro Area and the European Union”, with Portugal appearing “among the countries where the energy and grid component is lower”.


The analysis carried out by the regulator also showed that, in the first half of this year, Portugal recorded, for the first time since 2014, a lower average electricity price for domestic consumers than in the euro area.


According to ERSE, “the prices charged in Portugal are lower than the prices in Spain, the average prices of the 19 Euro Area countries and the prices of the 28 European Union countries. It can also be seen that the lowest prices were found in Eastern European countries”.
Thus, while in the component of energy and grid prices (excluding taxes and duties), in the first half, Portugal “improved its relative position in the list of countries” of the EU, representing this variable 71 percent of the total price paid, “Portugal is among the countries with the highest proportion of taxes and duties in the final price excluding VAT”, which stood at 29 percent.


“An analysis of the evolution of prices without VAT in Portugal, Spain and the Euro Area revealed lower prices in Portugal until the 1st half of 2016, a situation that is repeated in the 1st half of 2019”, the regulator said.


With regard to natural gas, in domestic consumption “prices in Portugal are in line with those in Spain, are lower than the average prices of the 19 countries of the Euro Area and higher than the average prices of the 28 countries of the European Union”, with lower prices being recorded in the Eastern European countries.



Comments:

Et avec les taxes, le Portugal a l'électricité la plus chère de l'Europe....

by Michel Schuermans from Algarve on 01-12-2019 11:08:00

Amazing on how renewable sources of energy are supposed to be getting cheaper by the day but the bigger the share they have of the electricity system, the higher the elextricity price is - what a scam

by DAVID JENKINS from Lisbon on 01-12-2019 09:42:00

Compare this story to an earlier about the amount of renewable energy produced...
https://www.theportugalnews.com/news/renewables-generate-43-of-electricity-in-september/51455

by John from USA on 29-11-2019 11:58:00

Great let’s all get nuked ..what you do with the nuclear garbage? And these still clean rivers and water system ..get lost mr pseudo intelectual

by Rahel Judith Staub from Porto on 29-11-2019 10:20:00

Lower, lower, and no so green as claimed! In the end the Portuguese consumer pays the third highest price in Europe for electricity! This is the result of an heavily subsidised “renewable energy”. It’s time to do be rationale and do like some other intelligent countries: go for the nuclear power! Many different technologies, no carbon print, highly sustainable, reliable, effective, clean, lowest cost and no BS! The consumers and the environment would be pleased but first the government, media, some pseudo intelectuals and many “false environmentalists” would have to stop the brain washing! Wake up!

by Tony Fernandes from Other on 29-11-2019 03:20:00
Interactive Topics, send us your comments/opinion on this article.

Please note that The Portugal News may use selected comments in the printed edition of the newspaper.