There is never a dull moment in the energy market, and it appears that 2022 will be no exception.
As you will have been aware, the Royal Decree-Law 17/2021 was put into legislation in 2021 by the Government to aid in the rising cost of energy. This included IVA and Electricity tax reductions as well as a reduction in the electricity toll rate costs.
These reductions were due to come to an end in December 31st, 2021.
We can confirm that the IVA reduction from 21% to 10% for consumers with a potencia of <10kW will continue until April 30th, 2022. The electricity tax will remain at the current 0.5%. for all consumers.
As of 1st January 2022, the toll discount has now been modified to 32.8% which applies to all suppliers for all consumers.
This reduction applies to all suppliers and does not affect the comparison of supplier’s prices; however, it will show a slight difference in the prices all consumers pay with all suppliers.
You are not required to take any action and can be rest assured that by keeping up to date with our email notifications, you will remain on the best prices in the market.
We will continue to keep you up to date with any other news or information that we believe may be of interest or importance.
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