September 20, 2021

Spain unveils measures to curb consumer energy bills

The Spanish authorities introduced on Tuesday a variety of measures to scale back households energy bills, the Monetary Instances reported. They embody fiscal measures and an effort to regain about €2.6bn from energy firms for utility “excess profits” till 2022. Prime minister Pedro Sanchez additionally stated the tax on electrical energy can be decreased by €1.4bn by the top of the 12 months. Electrical energy costs have reached report excessive of €172 per MWh.

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