Gas-heated homes in Spain face €310 bill shock, but switching could cost even more
Turning the heating on this winter could cost gas-heated homes in Spain up to €310 more a year, as the […]
Spain's gas-heated homes could face a hefty €310 annual bill shock this winter, but switching to a new tariff might cost even more, according to a leading consumer group. The regulated TUR tariff is set to increase by 54 percent, from October, due to rising wholesale energy costs. For a typical gas-heated household using around 9,000 kilowatt hours a year, the annual bill could rise from about €600 to close to €910, an increase of 310 euros.
This jump is mainly driven by the variable, wholesale-linked part of the bill. The consumer group, OCU, is advising against switching tariffs as the new rate may still be cheaper than the best fixed-price offers available. The TUR tariff, reviewed four times a year, was last adjusted in July and reflects the cost of gas used. However, only four companies can sell this tariff, and most households are already on a free-market tariff, which will likely become more competitive from October.
The consumer group advises waiting until October 1 to confirm the actual rate and then comparing it to named offers before deciding on a switch.
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