Reduction in price of electricity for regulated market takes effect today

in News · 07-04-2020 09:40:00 · 2 Comments

A 3% reduction in the price of electricity for the regulated market takes effect as of today.

The drop in the price of the tariff applied in the regulated market is of five euros per megawatt / hour (MWh) to the total electricity bill of consumers.

This measure was approved by the Energy Services Regulatory Authority (ERSE), on April 1, following a fall in energy prices in the Iberian Electricity Market (MIBEL).


Comments:

Hi Linda, I totally agree. I have a holiday home in Portugal that is also let to Guests etc.. by Algarve villa Holidays limited in the busy months of the year-but effectively this is only in use for 2/3rds of the year. But my electricity bill in Portugal is nearly "double" that of my combined electricity & Gas utility costs for the year of our uk family home!!

By Andy Green from UK on 07-04-2020 06:21

Thank god, I hope these savings are passed onto the good people in Portugal!!!! The energy companies apart from water, must have a mask and a striped jumper..... lets kick the mafia out of Portugal, it’s stifling tourism, productivity and growth!!!! Take heed ignorant estado!!!!

By Linda dolan from Beiras on 07-04-2020 01:27
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