Endesa announced this Tuesday that will not pass on the cost of the social electricity rate to residential customerswithin the framework of the new cost sharing model that allows suppliers to charge that amount to the final consumer.
In a statement sent to the media, Endesa reported that “This cost will not be passed on to all your customers, as long as they are residential customers”highlighting that “this decision will have a significant impact on the results of Endesa Portugal.”
Lusa had questioned the main electricity suppliers (Endesa, EDP, Galp and Iberdrola) about whether they would reflect the costs of the social electricity tariff in customers’ bills, but had not received any further responses so far.
In mid-April, the Energy Services Regulatory Authority (ERSE) published the guidelines for the new distribution model for the financing of this support, estimating that it will cost 44.4 million euros to producers and 92.1 million to suppliers. in 2024.
To this amount we must also add 14.8 million euros (5.3 to electricity producers and 9.5 to suppliers), which cover the period from November 18 to December 31, 2023, as the approval of the change by the previous Government.
Toward The directives come into force on April 1 and traders are free.If they understand it, to pass on the costs to the final consumer.
In the previous model, the costs of the social electricity tariff were allocated to the largest producers, but last year, The European Commission approves the complaints presented by EDPwhich led to cost sharing with a wider range of companies.
oh ERSE tariff council estimated that the impact on the final consumer could increase the bill by 1.13% in the free market and 0.93% in the regulated market.
TO The social electricity rate consists of a 33.8% discount. compared to regulated market prices, for lower-income families and, according to the General Directorate of Energy and Geology (DGEG), it benefited 758,766 households in March of this year.
Source: Observadora
