ELECTRICITY for homes and small businesses will be charged by the hour from July 1, meaning peak and off-peak rates will apply to everyone and not just those who have applied for the so-called ‘white tariff’ where costs differ throughout the day and night.
All premises which have a digital, remotely-managed meter will automatically be switched to the hourly charge system, and the cost of each day’s consumption will appear online from 20.15hrs for customers to check.
Where a digital meter has not yet been fitted, the electricity board, Iberdrola, has until October 1 to do so.
The hourly tariff will apply to all those with a power supply of less than 10kW.
It will allow customers to calculate more easily which appliances use up more energy and to what extent, because they will be able to compare online what they use each day and relate it to the white goods, lights, boilers, or other gagdets they have had in use.
This has come about after Spain’s ‘business police’, the National Commission of Markets and Competition complained that the new meters, being rolled out across the country, did not allow customers to tell in real time how much electricity they were using unless they literally sat in front of them all day.
The price per kilowatt (kW) of power used per hour only affects 37% of the consumer’s bill, whilst 25% relates to taxes including IVA, and the remaining 38% are standing charges.
New hourly tariffs can only be administered by commercial suppliers Iberdrola, Endesa, Gas Natural Fenosa, EDP España and E.ON España, but other utility companies are allowed to get on board provided they do so before the end of this year.
WHAT DOES THIS MEAN FOR OWNERS OF HOLIDAY HOMES, LIKE THOSE ON CONDADO DE ALHAMA? Well, quiet simply it means if you use your air con during peak daytime hours your costs will be much higher. If you have guests in your apartment you will not be able to monitor this.
It is a good idea to implement an air con meter to control your costs. These digital meters can be installed in the apartment by ECOTECH and allow you to take air con costs out the equation when renting or allowing family to use your apartment. Your guest will buy a credit card from your key holder, once the credit expires they can either buy more credit or decide to do without air conditioning. Either way, you are protected. You can read more about these meters by clicking below.
This is a saving Im sure for locals, but for tourists that need air conditioning in the heat of the day (peak hours) its not going to spell. Saving.
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ARTICLE PROVIDED BY THINK SPAIN