March ends with a year-on-year increase of 26.5% in the price of the kilowatt hour of electricity

The increase has been even higher than in January, although the price per kilowatt hour has not reached as high an average as in that month.

FACUA.org
Spain-31/03/2021

March ended with a year-on-year increase of 26.5% in the average price per kilowatt hour (kWh) of electricity, which stood at 14.13 cents (including indirect taxes), compared to 11.16 cents in the same month in 2020. This is evidenced by FACUA-Consumers in Action’s analysis of the evolution of the PVPC semi-regulated tariff.

The association warns that the increase this month has been even greater than the one in January, when it reached 25.8%. However, the price per kWh this month has not reached the levels of the first month of 2021, when it averaged 16.75 cents and ranged from 7.30 cents on the cheapest day to 22.14 cents on the most expensive.

Among the reasons for the rises are the price increases in the electricity generation market from hydroelectric power plan

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