Electricity tariff in the regulated market rises on average by 3% in October

The Energy Services Regulatory Authority (ERSE) announced this Thursday an increase in the price of energy in the regulated electricity market by five euros per megawatt-hour (MWh), equivalent to an average increase of 3% in the monthly bill.

This increase takes effect from October 1st. “ERSE updates the price of the energy tariff on the regulated electricity market by an additional five euros per MWh, with effect from October 1st,” the regulator said in a statement.

In the document, ERSE points out that this increase comes at a time when energy markets are being affected by the war in Ukraine.

According to data released today, this rise represents, for most domestic customers in the regulated market, 3% more in the average monthly electricity bill.

By October 15, the regulator must present the tariff proposal for 2023.

“ERSE monitors, on a quarterly basis, the adequacy of the energy tariff in the regulated market, in relation to the acquisition costs considered for the Supplier of Last Resort (CUR), according to a mechanism pre-established in the tariff regulation”, he explained, noting that , given the regulatory parameters, there is a deviation of plus or minus 10 euros per MWh from the expected acquisition cost.

Thus, the energy tariff will increase by five euros per MWh.

As of October, an average monthly bill for a couple without children, considering an annual power of 3.45 kilovoltamperes (kVA) and a consumption of 1,900 kilowatt-hours (kWh) per year, will be 38.22 euros, translating to an increase of 1.05 euros compared to September.

For a couple with two children, with a power of 6.9 kVA and an annual consumption of 5,000 kWh per year, the increase will be 2.86 euros for a monthly bill of 94.97 euros.

The energy tariffs had already been updated in April and revised in July, which resulted in an “updated increase of another 1.1% in the normal low voltage transitory tariff (BTN), between 2022 and 2021”.

With this new increase, the average annual tariff variation in BTN, between 2022 and 2021, will be 1.8% more in the regulated market of the electricity sector.

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Source: SÁBADO by www.sabado.pt.

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