Electricity prices: +18.6% in the fourth quarter. But help with the bill is on the way


From Giorgio Pirani
September 29, 2023 8:31 am

In the fourth quarter of 2023, the electricity bill for an average household will be many times higher Increase of 18.6%. He states it Arera in a press release. The increase in electricity prices for those still under shelter is due to the evolution of current wholesale prices (PUN), which are also expected to increase in the fourth quarter of 2023 due to the cost of natural gas, which usually increases in the colder seasons. However, if we compare this quarter to the fourth quarter of last year, when electricity prices reached an all-time high, we see a significant decline of 57%.

The impact on the electricity bill

In 2023, electricity expenditure for a typical household will be approx 889.60 euros, This is a significant decrease of 32.7% compared to the same 12 months last year, i.e. the period from January 1 to December 31, 2022.

They have therefore been achieved 28.29 euro cents per kWh. A value is well below the 66.01 cents that characterized the fourth quarter of 2022, a decrease of about 57%. The current price increase is mainly due to the significant increase in the PE share, which covers the costs of purchasing electricity (+19.4%), and to the network fees (+0.4%), with slight compensation from the reduction The PD portion of the electricity price covers the shipping costs (-1.2%). The PSA share, based on the equalization fee, remained unchanged. It is important to note that regulated network tariffs, including transport, distribution and metering tariffs, remain unchanged.

The President of Arera, Stefano Besseghini The press release states:

It is true that energy prices are no longer as aggressive as they were a year ago, but the fluctuations are a sign that the energy sector is still in search of its balance, with inevitable consequences for the bill, also due to the seasonality with which we face. Even without the incentive of high prices, it is important this winter season to pay particular attention to limiting consumption and, where possible, developing investments in energy efficiency.

Storage, gas tanks 90% full.

However, there is some good news regarding Gas storage both in Italy and in Europe. Already in August, the tanks reached a level of over 90%, well beyond the November 1 deadline set by European regulations.

The gas price for customers who are still under protection will then be published in September. This information is critical for consumers as it will have a direct impact on their financial decisions related to energy spending in the coming months. Knowing this data will allow consumers to plan their household budget more accurately and take appropriate measures to manage energy costs in a context where energy is an essential part of daily life and business activities.

The energy bonus comes, the help on the bill

Changes have been made following the completion of the enforcement system that has been in place for two years Social bonuses Basic with the aim of guaranteeing families significant savings. These changes allow you to get one 30% discount on your bill electric (before taxes) and 15% on that of gas (excluding taxes).

An interesting innovation was introduced for the fourth quarter of the year: an extraordinary contribution, the amount of which increases depending on the number of family members. This contribution is automatically paid to families who already receive the electricity bonus, i.e. families whose The ISEE income is between 15,000 euros (or 30,000 euros for large families with at least 4 dependent children). The total amount of this initiative is 300 million euros. These measures are in line with what the government set out in the decree adopted at the Council of Ministers meeting on September 25th.

This intervention goes hand in hand with other measures related to the gas sector, including the confirmation of the abolition of general charges and the reduction of VAT to 5%, also for the fourth quarter of 2023. These concessions also apply to the management of heat and district heating. All of these initiatives aim to significantly support families in covering their energy costs.

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