Loafing Along

Intersting and alarming, summary received from our electricity supplier - you can see a typical 250% increase in unit costs over the last two years nearly all of which has occured in the last six months

Pulaski

If you're taking about the far right column, which shows the largest increase I can see, it has gone up by nearly 130%, which is concerning, but is not a 250% increase.

ARCNET

Actually, the Vazio has gone up by almost 166% but still not the 250% as originally quoted

spouse of scouse

Whoa, that's some increase! I didn't expect that electricity prices in Portugal would be on a par with Australia - converted to euro I pay 0.18 per kWh. We have solar panels which helps a lot (in the daytime!) but the energy company only pays 0.048 euro cents per kWh of energy we export back to the grid. Time to get a storage battery I think.

SgtTroy

From our energy supplier

Estimado Cliente,

Vimos por este meio informar que a Endesa não irá aumentar os preços de eletricidade do mercado residencial até ao final do ano e garantir-lhe que as condições do seu contrato irão manter-se, tal como indicamos no momento da sua contratação.

Lembre-se que estamos à sua inteira disposição para o esclarecimento de quaisquer dúvidas, através dos canais de atendimento ao cliente.

Agradecemos a sua compreensão e a confiança depositada na Endesa.

Com os melhores cumprimentos,

Pulaski

Let me help you avoid problems with BE Site Rule 17.

wellinever

But unless the PT gov or the EU fund it, in 2023 the prices will double for sure......well,thats if the war continues.
My UK tariff fixed until Oct 2022, is exactly half what it will be from Oct 2022, with the added bonus that they will now charge me a daily charge of £0.29, which I have never had previously.

SgtTroy

Imho PT gov has a number of options, including reducing VAT on energy from 23%(most of it) to 13%, or even to 6% at least within the basic consumption per month, as it is already lower for the first 100 kWh. It is still 5% in the UK I believe, so Rishi Truss does not have that many opportunities.

War or no war, the days of affordable energy are gone.
Next - water 😎

liveaboard

After the Ukraine invasion, oil went from $90 a barrel up to $128.
TV pundits predicted $200 and more, as they do.
Over the last couple of months, it's come back down to $94.

I predict business as usual will break out soon.
Russian oil that used to supply Europe is going to Asia, the the oil that used to go to Asia is being rerouted to Europe.
Of course there is still a major problem with gas up north.

BillBullock

I stayed with EDP Commercial and my rates for 13,8kVA supply from 10/7/22 are lower than those in Loafing Along's table. The Tarifa Acesso Rede column looks wrong to me. How can you have a negative value in the Vazio column? Also, does the table include IVA?

Loafing Along

Sorry if my maths is poor but still see it as a significant increase. For me 0.09 x 2.50 is 0.225. What am I doing wrong ?

ARCNET

The way in which you are doing the calculation is showing that the new price is 2.5 times (250%) the old price. That is not the same as saying there has been a 250% increase.

The Fora Vazio increase expressed as a percentage is calculated thus 0.2252-0.0983=(0.1269/0.0983)x100=129.09%

Loafing Along

wellinever

Well possible if they decide to privatise away from Camaras, and let the French or Chinese in.

Score76

Perhaps you might be better served on Simples rather than Bi Horaria? Bi Horaria is usually best if the majority of your usage is overnight (10pm until 8am), so high power things such as borehole, irrigation pumps, pool pumps, immersion heaters, electric car charger. But given your Potencia is only 6.9kva I'd presume you have none of these.