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National Energy Commission asks for 11.3 percent electricity price increase
By h.b. - May 13, 2008 - 7:01 PM
ALSO SEE : • Minister gives details of electricity price rises - Jun 28, 2008 - 2:05 PM
• Spain says goodbye to the old-fashioned lightbulb - Jun 26, 2008 - 6:37 AM

Archive Photo EFE
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The idea is to match the costs of production with the costs paid by consumers.
Spain’s National Energy Commission, CNE, has asked the Government for an 11.3% increase in electricity prices from July 1. They say the prices paid by consumers should reflect the real cost of generating the power. The request is short of the 20% mentioned in some media last Friday.

Now the Government has to decide whether or not to authorise the increase in July, but Minister for the Economy, Pedro Solbes, has already said that he is in favour of approximating the price to the real cost ‘in a progressive way’.

Such an increase has already been attacked by the Partido Popular opposition who say it is ‘unacceptable’ given the current financial situation that many families find themselves in.


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ALSO SEE :
• Minister gives details of electricity price rises - Jun 28, 2008 - 2:05 PM
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