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- Liva & Laia : 15th November
Spanish retail electricity prices will rise by 5-7% in their next quarterly review on April 1st, Industry Minister Jose Manuel Soria said on Tuesday.
The government has also pledged new legislation to plug a gap between regulated power prices and nominal costs, which has led to utilities accruing a debt of some 24 billion euros over the past decade.
Anyone really surprised at this ?....We fell for the "switch and save" scheme last year!!
So far since last February we have certainly switched......but have we saved?...Good question....no one knows....and now we are told that we could even have the price increases backdated to last October.......Im afraid politicians are the same the world over....."Tell them