Electricity and natural gas prices rise in January: know how much more you will pay

Electricity and natural gas prices rise in January: know how much more you will pay

Electricity and natural gas prices will go up in January 2023. Find out how much more you pay on each monthly bill.

In the case of electricity

The price of electricity on the regulated market increased by 1.6% in January 2023 compared to December 2022, with an increase of up to 3.3% compared to this year’s average, higher values ​​than those proposed in October, announced ERS on.

In a statement released this Thursday, the Energy Services Regulatory Entity (ERSE) said so for customers who remain in the regulated market [que representam 6,7% do consumo total e 941 mil clientes, respeitantes a final de outubro de 2022]or which are on the free market have opted for a similar tariff, the annual average variation of the transitional tariffs for Sales to Final Customers in Normal Low Voltage [BTN] amounts to 3.3%”🇧🇷

On the other hand, the “Annual variation shown is relative to the average price for the year 2022, including upward energy rate updates in April and October 2022, as well as the exceptional pricing in July 2022”those are, “as a result of these changes, BTN customers on the regulated market will increase monthly on average by 1.6% in January 2023 compared to prices prevailing in December 2022”🇧🇷

In the same statement, ERSE explained that “this rate increase, higher than announced in October, is due to a smaller surplus of special regime production (PRE), to be returned to consumers, than initially foreseen”🇧🇷

So he emphasized “since the difference in production costs in the special regime depends on the difference between the guaranteed prices for production in the special regime and the observed energy prices in the wholesale market, the observed fall in energy prices in the wholesale markets, in October and November, ensures that that the PRE excess values ​​to be returned to the consumer are significantly lower than the values ​​foreseen in the tariff proposal of 15 October”🇧🇷

What is the impact on the monthly invoice?

According to data published by ERSE, this increase increases the average monthly bill, from January 2023, for a couple without children (power 3.45 kVA, consumption 1,900 kWh/year) by 0.54 euros and for a couple with two children (power 6 .9 kVA, consumption 5,000 kWh/year) costs 1.41 euros.

On the other hand, “in 2023, network access charges will be significantly reduced, with their value becoming negative for consumers at all voltage levels”🇧🇷

So, “Given the price level observed in the market in 2022, this reduction in the network access tariff contributes to a decrease of approximately -30% in the final bill of industrial consumers and of approximately -55% in the final bill of household consumers, thus the pressure of increases in the wholesale market on the final prices paid by customers is alleviated, both in the regulated market and in the liberalized market”🇧🇷

According to ERSE, “Moreover, the economic sustainability of the SEN is guaranteed [Sistema Elétrico Nacional]significantly reducing the value of the tariff debt by 830 million euros, to an amount of 878.9 million euros at the end of 2023″🇧🇷

In the case of natural gas

Natural gas bills will rise about 3% from January for the most representative customers in the regulated market following a variance in purchase price projections, the Regulatory Entity of Energy Services (ERSE) said on Thursday.

In a statement, ERSE stated that it had updated “the price of the regulated market energy tariff, at +2 euros per MWh, with effect from 1 January 2023”🇧🇷

So, “This update comes at a time when energy markets are particularly affected by the ongoing conflict between Ukraine and Russia,” those are “The energy tariff reflects the cost of buying energy from the wholesale Last Resort Supplier [CURg]be one of the components that make up the final price paid by consumers in the regulated market”🇧🇷

“For most household customers in the regulated market, the upgrade represents an increase of approximately 3% in average monthly natural gas bills,” said ERSE.

What is the impact on the monthly invoice?

For example, from January 2023, the average monthly bill for a couple without children (1st consumption level, consumption 1,610 kWh/year) will increase by 0.33 euros and for a couple with two children (2nd consumption level, consumption 3,407 kWh/year) will increase by 0 .70 euros.

The application of the new energy tariff will take effect on 1 January 2023 and applies to consumers in the regulated market [cerca de 3% do consumo total e de 324 mil clientes, em outubro de 2022]”, he emphasized.

According to the regulator “the unit cost forecast for the purchase of natural gas by the CURg, taken into account when setting the energy tariff for the gas year 2022-2023, approved by ERSE on June 28, 2022, was 22.85 euros/MWh”🇧🇷

“However, given the continued rise in energy prices, the updated estimate for the 2022-2023 gas year is EUR 27.14/MWh, which corresponds to a deviation of EUR 4.29/MWh from the value reflected in the applicable rates.

In order to adapt the energy tariff for customers on the regulated market to the dynamics of the acquisition costs and to prevent deviations from being recovered in the following years, ERSE is updating the energy tariff with an increase of two euros/MWh, “effective January 1, 2023”said ERS.