Galasa is saved in last minute deal

Our local water company Galasa was due to be declared bankrupt tomorrow December 1, but a last minute plan by the pp and PSOE has been agreed to save the bankrupt company. Details are still sketchy, but both parties have agreed a price rise lower than the one originally mooted. A new steering committee will be created to oversee the company, and the county council will set up a commission to start fixing the many Continue reading Galasa is saved in last minute deal

Savage rise in cost of electricty on way warns FACUA

We can expect to see some savage rises in the cost of electricity before the end of the year warns consumer organisation FACUA. You see, we all know about the fuss earlier this year with the electric companies keeping the price artificially high. The government was forced to act due to public outrage (and the threat of an EU investigation), and prices dropped, ever so slightly.

Spain 3rd most expensive EU state for electricity and 2nd for ADSL

Spain is shamed today after the EU named it as the 3rd most expensive EU state for electricity, and 2nd most expensive for ADSL. This, despite median earnings and high unemployment putting the country into the low end of the EU development index. Brussels notes “with alarm” this is putting Spaniards into a position where basic utilities are becoming luxuries. The cheapest fixed line ADSL offer is currently €38.7 a month, and the average household Continue reading Spain 3rd most expensive EU state for electricity and 2nd for ADSL

Electric companies must repay 680 million euros to customers (that’s me and you!)

40 euros apiece is what OCU, the consumer union, reckons we’ve been overcharged on our last three electric bills. It’s because the storms in the north of Spain have made the renewable energy generators produce more electricity than expected, driving down prices. That means the electric companies must repay 680 million euros to their customers, and will, in the July bill.

Spain has highest electricity distribution costs in EU says Brussels

Brussels reckons that Spain has the highest costs for transporting and distributing electricity in the EU, in a new study due to be released in the next few weeks. They reckon its down to lack of competition and inefficiency in the market. Well….. duh!. This leads on from my story a while back about how Spanish electricity costs almost a third more than British. The EU study looks at the cost of transporting electricity over Continue reading Spain has highest electricity distribution costs in EU says Brussels

Spanish electricity a THIRD MORE than in the UK!

Yup – a recent BBC survey shows that the average kw/h in Spain is a third more than in the UK! See the full survey here So Madrid pays an average of 24.34 eurocents per kw/h and London just 17.75 for the electricity. 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 Continue reading Spanish electricity a THIRD MORE than in the UK!

IU wants to up utility bills to pay for the poor in Andalucia

Commie Andalucian coalition partners the IU a proposing a bill which will tax utilities in order to pay for free water & elec for the poor. The idea is to tax the utilities (who can then pass the tax onto the consumers, ie, you and me) and the money will go into government coffers. Then, when Perico’s last burro shuffles off the mortal coil (possibly by stepping on his last egg producing hen), meaning he Continue reading IU wants to up utility bills to pay for the poor in Andalucia

Electricity “discounts” offered which cost you 11%… more!

Consumer organisations have lodged an official complaint over several new “saver” tariffs offered by electricty companies in Spain which actually… end up costing you up to 11% more! FACUA, in it’s latest edition of its consumer mag “Consumerismo“, has warned that several major utility suppliers are offering these discounts, which can only be taken up by subscribing to new services or products. Once the discount period ends, the new services will substantially increase your monthly Continue reading Electricity “discounts” offered which cost you 11%… more!