Spain to cap household gas price rise at 15% as energy costs climb ahead of winter
Spain’s government is preparing a third package of measures in response to the economic effects of the war in the Middle East, with a cap on the next increase in regulated household gas prices and a limit on the cost of butane cylinders. The cabinet reviewed the package on Tuesday,... The post Spain to cap household gas price rise at 15% as energy costs climb ahead of winter appeared first on…
Spain is implementing a third set of measures to address the economic consequences of the conflict in the Middle East. The government plans to cap the next rise in regulated household gas prices at 15% for the autumn and winter. If no action is taken, gas prices on the regulated tariff would increase by more than 45% from October.
Butane cylinder costs, used for cooking and heating in many homes, would be limited to €19.55. Around 3.1 million customers, or 39% of Spain's gas customers, will be on regulated rates by the end of the first quarter of 2026. The current fuel discounts are set to expire at the end of September. Diesel prices in August were 30% higher than a year earlier, while petrol prices rose by almost 17%. Inflation, driven by energy costs, reached 4.9% in September, the highest rate since February 2023.
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- Spain to cap gas price hikes as winter looms thelocal.es
