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IVA increase to 23% on PT electricity

IVA increase to 23% on PT electricity

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Old Apr 30th 2024, 10:05 am
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Default Re: IVA increase to 23% on PT electricity

Originally Posted by 1Steve
wellinever I am with GALP, I switched from Iberdrola.
Here is a link to the prices for GALP, GALP Prices

Ta. In that case with my usage it would cost e350 + IVA for the year on simple tariff,,,,,,,,a saving of e100 a year.bi horaria would work out he same with e10
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Old Apr 30th 2024, 10:05 am
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Default Re: IVA increase to 23% on PT electricity

Originally Posted by appman999
Why are you looking at Iberdrola rather than GALP which I think 1Steve was talking about?
DOH !! cheers
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Old Apr 30th 2024, 10:30 am
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Default Re: IVA increase to 23% on PT electricity

GALP also have a Galp & Continente Plan which is the same rates but better deals if you are a Continente customer (as we are)

Galp & Continente Plan
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Old Apr 30th 2024, 6:31 pm
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Default Re: IVA increase to 23% on PT electricity

Last bill I have from EDP is 15 of March; I'm paying 23% IVA.
I have 13.8kva potencia, that is reduced to 63 cents per day now.
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Old May 1st 2024, 6:19 am
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Default Re: IVA increase to 23% on PT electricity

Originally Posted by liveaboard
Last bill I have from EDP is 15 of March; I'm paying 23% IVA.
I have 13.8kva potencia, that is reduced to 63 cents per day now.
If you are on 13.8 Kva potencia like me, the IVA has remained at 23% and was not reduced to 6%. Apparently we did not need help from the government during this difficult period.
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Old May 1st 2024, 8:09 am
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Default Re: IVA increase to 23% on PT electricity

My bill for April from EDP is the most complicated so far. (6.9Kw)
First they charge, 93 units at 6%, then the remainder 24units at 23%
Then later on there is another section called Taxas e Impostos, where they refer back to a period in March where they have added a usage at 23%
I will be calling in their shop to ask them to explain why this is.

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Old May 1st 2024, 9:19 am
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Default Re: IVA increase to 23% on PT electricity

Good luck with getting an explanation from EDP. I get periodic update emails from them telling me about price changes. I'm blowed if I can understand them. It's a bit like trying to understand articles in the Portugal News.
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Old May 2nd 2024, 1:20 pm
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Default Re: IVA increase to 23% on PT electricity

Originally Posted by wellinever
My bill for April from EDP is the most complicated so far. (6.9Kw)
First they charge, 93 units at 6%, then the remainder 24units at 23%
Then later on there is another section called Taxas e Impostos, where they refer back to a period in March where they have added a usage at 23%
I will be calling in their shop to ask them to explain why this is.
What's the billing period?
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Old May 3rd 2024, 6:37 am
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Default Re: IVA increase to 23% on PT electricity

Originally Posted by Red Eric
What's the billing period?
Bill date : 26th April
Bill Period Period :21st March - 20th April
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Old May 3rd 2024, 7:54 am
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Default Re: IVA increase to 23% on PT electricity

Originally Posted by wellinever
Bill date : 26th April
Bill Period Period :21st March - 20th April
I'm none the wiser, then.

My bill was a bit odd on the number of units charged at each rate but I took it as being because of the billing period being in excess of 30 days - actually, in ths instance, marginally in excess of 60 days, since I'm on a bi-monthly billing cycle. I got 204 units @ 6%. And it was all fairly clear where the taxas e impostos came from for that section.

Not the case with you, though.
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Old May 3rd 2024, 1:12 pm
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Default Re: IVA increase to 23% on PT electricity

I used 117kwh in that period (my readings given to EDP)

My bill amounts to e42.30 inc IVA and all the bits and bobs
So without the Potencia costs of e13.51 my bill = €28.79
I realise there are other costs associated like Audio,so my 117kwH cost e28.79 = e0.25kwH in total inc IVA...
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Old May 10th 2024, 11:43 am
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Default Re: IVA increase to 23% on PT electricity

New charges from 1st June emailed today from EDP
e0.1406 kwH
Potencia e0.0972/day

This all seems a bit odd as at the moment I am charged e0.35/day for the potencia of 6.9kVA, but the emailed received today is saying that currently the Potencia is e0.0977 !!!!
If this is correct EDP must owe me some money....30 days at e0.977 = e2.93, against the charged cost on last invoice of 30days at e0.35 = e10.50

Last edited by wellinever; May 10th 2024 at 11:51 am.
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Old May 10th 2024, 12:10 pm
  #28  
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Default Re: IVA increase to 23% on PT electricity

The email from EDP refers to Conheça a sua nova componente de preço "Energia e Estrutura Comercial" or new "Energy and Commercial Structure" price component.

It is not the total charge. Look at the difference and apply that to your potencia and energy rates.
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Old May 10th 2024, 12:20 pm
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Default Re: IVA increase to 23% on PT electricity

OK,so that amounts to not a lot !! But at least I can now look elsewhere knowing with the new EDP rates applicable to me.
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Old May 10th 2024, 12:34 pm
  #30  
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Default Re: IVA increase to 23% on PT electricity

You might also consider EDP's current Eletricidade DD+FE - Digital 2024 tariff (which I am on but 10.35kW) for 6.9kW is
P. contratada e Termo fixo: 0,2835 €/dia
Energia: 0,1554 €/kWh

You appear to on their base rate
P. contratada e Termo fixo: 0,3473 €/dia
Energia: 0,1904 €/kWh

So change is definitely in the air.

https://simulador.precos.erse.pt/eletricidade/ is very useful but not 100% accurate so check rates and calculations.

For example GALP is showing €120 cheaper than EDP for my consumption but working out by day and kWh the difference should be only €20.

Also the consumption charge for GALP is much higher but as I'm currently in the UK my consumption is much lower so EDP wins at least until my return

Last edited by appman999; May 10th 2024 at 12:45 pm.
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