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The New Electricity Billing System Comes into Force Today for the Small Consumer

Posted in: News Articles
Author: Myra Cecilia Azzopardi

On June 1, a new model of electricity bill will come into force for consumers covered by the Voluntary Price for the Small Consumer (PVPC) that will promote energy savings, efficiency, self-consumption and the deployment of the electric vehicle.

New fee structure
The new tariff structure applies price discrimination to all consumers and three periods to all those with less than 15 kW (domestic consumers) for users with PVPC. Thus, three time sections are set: peak, plain and valley.

The peak period, in which the cost of tolls and charges will be higher, will be between 10 am and 2 pm and 6 pm and 10 pm; the flat section, with an intermediate cost, will be between 8 am and 10 am, 2 pm and 6 pm and between 10 pm and midnight; and the valley rate, the cheapest of the three, will be located between midnight and 8 in the morning and will be applied during all hours of weekends and holidays.

Through this rate structure it is intended to encourage the transfer of electricity consumption from the hours of maximum electricity demand (peak hours) to others in which the transmission and distribution networks are less saturated (off-peak hours), which will reduce the need to carry out new investments in said infrastructures. This results in lower costs for electricity consumers, since they are the ones who pay for this type of infrastructure through the electricity bill, and avoid the environmental inconveniences of this type of installation. Thus, users who shift their consumption to the flat and valley hours, those with the lowest demand, will achieve greater savings on their bill.

In addition, as of June 1, domestic consumers will be able to contract two different powers: one for the peak and flat periods and another for the off-peak period.

In this way, those consumers who have higher power needs in the off-peak period, such as electric vehicle users who wish to charge their car or motorcycle at night at home, will be able to benefit from contracting a higher power for the off-peak period and maintain its usual power in the peak and flat sections, avoiding paying the extra cost of that extra power during all hours of the day. If the consumer does not request this change, the current power contracted in both periods will be applied automatically.

Full Information in Spanish

For further information, contact your supplier.

Please note: The information provided is based upon our understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. We recommend that if you are considering taking action, you should seek professional advice.

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