The price of electricity in Spain is to rise by 4.8 % starting October 1st, according to an agreement signed yesterday by the Ministry of Industry, Tourism and Commerce.
Increased fuel prices and seasonal adjustments for the upcoming winter are the reasons for the increased price.
The electricity price will have climbed by more than 30 % in Spain the last five years after this newest increase. The consumers organization “Facua” stated that there was absolutely “no justification” for the price increase decided yesterday, but did not indicate it would take any kind of action against it.
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