The price of light beats a new record while competition detects that several electric hidden price increases with the new schedules

The price of electricity will beat this Thursday a new historical maximum when standing at 122.76 euros per megawatt hour in the wholesale market and will conti

The price of light beats a new record while competition detects that several electric hidden price increases with the new schedules

The price of electricity will beat this Thursday a new historical maximum when standing at 122.76 euros per megawatt hour in the wholesale market and will continue to punish the pocket of millions of households hosted at the regulated rate. It is the sixth 'historical record' reached this August, overflowing the government and opening an increasing crack between PSOE and united we can on how to manage the electricity crisis.

The new record coincides with an investigation of the National Commission of Markets and Competition (CNMC) that concludes that several electrical marketers took advantage of the entry into force of the new schedules in the regulated part of the Light Invoice, the past June 1, to make its clients an increase of up to 30% at the cost of electric power. They did it without any transparency and notify only the change that was to be carried out in the regulated part of the receipt to introduce the new methodology designed by the Ministry of Ecological Transition and the National Commission of Markets and Competition (CNMC). The supervisory agency has ordered the companies that proceed to regularize the amounts charged more, under a fine threat.

The facts go back to the month of June, coinciding with the entry into force of the revolutionary rate change that introduced three periods of consumption (Punta, Plain and Valle) for millions of households. The change caused an authentic wave of confusion for families, with prices that could duplicate according to the moment of consumption.

The CNMC recognizes on its first monitoring report of change that most marketers made the adaptation of billing correctly, despite the complexity involved in the millions of managed contracts. However, there were others who took advantage of the confusion to modify the supply contracts they had with their customers including a revaluation of the cost of energy of 30%. It is important to note that the invoice is divided into three parts: the cost of energy -pacted by company and client in the free market or marked by the wholesale market in regulated tariff; the tolls -esigned by the CNMC and the government-; and taxes, whose competition belongs entirely to the Executive.

The regulator does not give names, but points out that these marketers are among the 25 largest of the free market, in which company and client packet a kilovatium hour price for a specific period. This price can be updated periodically to adjust it to the cost of energy in the wholesale market, but the supplier has to do so with transparency, warning in advance of the changes and giving the consumer to break the contract without any penalty.

Competition technicians have ordered companies to cancel the rise and proceed to return the amount charged more. "In the event that these are not carried out diligently and adequately and with the transparency necessary for the consumer, the appropriate actions could be initiated in accordance with the provisions of Articles 44.1.E) and 65.25 of Law 24/2013 , in relation to non-compliance with the application of consumer protection measures and, with respect to the transparency adopted in the commercial practices carried out to inform the consumer in this process, "threatens a statement released this Wednesday.

After analyzing the 25 largest marketers in the country, the CNMC has entered a second phase of research to study how the change between the rest of the energy companies was carried out.

The entry into force of the new schedules in the tolls has coincided with a strong increase in the cost of energy in the wholesale market, which moves this August at record levels.

Precisely, more country-equood and commitments, together with New Canarias, have proposed in Congress to create a commission of research on the price of light to clarify the causes of the last week's historical maximums, find out if the electricity are manipulating the Prices and propose measures, reports Europa Press.

The deputy of commitments in Congress, Joan Baldoví, has lamented at a press conference that the price of light is being news "one day yes and another too" and has criticized the solutions proposed by the different political parties to which it has qualified of "magical realism", referring specifically to the proposal of the Popular Party to "lower the price of light at the cost of loading it to budgets".

Baldoví, who has been accompanied by the Equo Deputy, Inés Sabanés, has underlined that this Research Commission is needed in an "urgent" way to know if "large companies manipulate prices" and have a "diagnosis of the electrical system". "This commission seeks solutions, put a little light in a very dark market," she said.

Likewise, he has invited them to hear "those who know", to the "experts" that are part of the electricity market to see "what can be done to lower the price of light that affects both individuals and companies "He has emphasized.

Updated Date: 25 August 2021, 07:21

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