For gas kw/h, Madrid pays 8,38 eurocents per kw/h and London just 5,75.
It’s even more expensive in Andalucia, due to regional taxes, and the IU now want to put up these taxes AGAIN to help pay for the utilities of the unemployed, who now total about a third of the population.
And, of course, because Spain continues to use such inefficient ancient power stations, it costs them considerably more to produce this electricity than they get back from utility bills, a shortfall known as the energy deficit, and the state is again reducing the amount it plans to pay for this … so utilities again are expected to go up next year.
Gloom, doom…. Merry Christmas!
- More expensive than petrol!