“Only the idiots who continue with the government’s regulated tariff pay more electricity”

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“80% of Spaniards pay less price than in 2018 because taxes have been cut; only the fools who continue with the regulated rate set by the government pay that price,” said the president of Iberdrola.

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The President of Iberdrola, Ignacio Sanchez Galanstated this Thursday in Sagunto (Valencia) that 80% of Spaniards “do not pay the price of the ‘pool'” or wholesale electricity market, and that “only the fools” who continue with the “regulated tariff set by the government “They pay more for electricity.

“80% of Spaniards do not pay the price of the ‘pool'”, he said by way of “advertising”, during a colloquium in the context of the presentation of the future Volkswagen Gigafactory in Park Sagunt IIwhich will provide Iberdrola with solar energy with an investment of 500 million euros.

Galán’s comment came when the Volkswagen group president was asked: Herbert Deisshow the gigafactory’s total supplies will be achieved, a moment he has taken to introduce “a parenthesis”.

“And 80% of Spaniards are paying less price than in 2018 because taxes have been cut; only the fools who continue with the regulated rate set by the government pay that price,” he noted before “drawing brackets”.

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Source: EITB

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