The weather has influenced this drop as the past month has been particularly warm in Euskal Herria, with an average maximum temperature of 24.3ºC, and has resulted in almost no use of heating.
The electricity bill for an average consumer who received the regulated tariff or PVPC, that was about 74 euros in October, 22.1% less than the previous month, which means marks the lowest level since September 2021.
Electricity has been 21 euros cheaper than in September, when it closed at 95.17 euros, and is about 49 euros below the maximum of the past Marchwhen the Russian invasion of Ukraine was a coup de grâce for the already stressed energy markets leading to the receipt of up to €123.09.
The weather has influenced this fall, since last month is particularly warm in Euskal Herria, with an average maximum temperature of 24.3 ºC, according to the analysis carried out by eitb.eus. With this temperate environment, heating consumption is almost nil.
The decline that gas – a raw material for electricity generation – has experienced in international markets in recent weeks has also had an impact on the decline in the price of electricity.
However, if we take into account the accumulated first 10 months of 2022the annual bill is 963.46 euros, which is about 324 euros more, more than double that in the same period of 2021.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
