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The gas cap is a temporary measure established by the Government (Royal Decree-Law 10/2022) and whose objective is to contain the price of electricity, establishing a maximum reference price for natural gas that is used for the production of electricity.
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From when and until when does the gas cap apply?
It applies from June 15, 2022 and until May 31, 2023.
Origin of prices
- The application shows the official prices that are published daily by Red Elctrica de Espaa.
Gas Adjustment Prices
- For consumers with a NON-regulated rate, known as the free market, the price is set by the company and appears in the contract and on the invoices.
- From June 15, 2022, the compensation adjustment price for the gas cap is included (AS EXTRA): SURPLUS OR DEFICIT PRODUCTION COST ADJUSTMENT MECHANISM.
The price of non-regulated rates (Free Market) is made up of:
- Price set by the company.
It can be fixed or vary depending on the time slot, it depends on the contract and the offer in each case.
- SURPLUS OR DEFICIT PRODUCTION COST ADJUSTMENT MECHANISM.
Known as the top throttle offset adjustment.
This price varies hourly and can represent a significant percentage of the cost** of the bill.
For a rate with a fixed price of 0.20/kWh, you must add the extra variable price of the adjustment for the gas cap that changes every hour.
On September 20, 2022 at 9: 00 p.m., the adjustment price for the gas cap was 0.10124/kWh.
Fixed rate price (Example): 0.20/kWh
SURPLUS OR DEFICIT PRODUCTION COST ADJUSTMENT MECHANISM: 0.10124/kWh
TOTAL price: 0.30/kWh
How affects?
Consumer with a Non-Regulated Free Market Rate.
The gas adjustment price appears as an extra on the invoice.
You can find out the price for each hour of the day on the Hourly price-> Gas adjustment prices screen.
How to know what type of rate you have contracted?
On your bill or electricity bill, in the part that refers to Contract Data, if the PVPC indicator appears in the type of contract, you are eligible for this modality.
Otherwise, you have a NON-regulated free market rate.
**** DISCLAIMER ****
The application has no relationship with Red Elctrica de Espaa or with any government agency.
The information is for public use and is published daily by REE.
The application is limited to displaying price information in a way that facilitates its consultation and use.
The source of information is: https: //www.esios.ree.es/es/pvpc
.
From when and until when does the gas cap apply?
It applies from June 15, 2022 and until May 31, 2023.
Origin of prices
- The application shows the official prices that are published daily by Red Elctrica de Espaa.
Gas Adjustment Prices
- For consumers with a NON-regulated rate, known as the free market, the price is set by the company and appears in the contract and on the invoices.
- From June 15, 2022, the compensation adjustment price for the gas cap is included (AS EXTRA): SURPLUS OR DEFICIT PRODUCTION COST ADJUSTMENT MECHANISM.
The price of non-regulated rates (Free Market) is made up of:
- Price set by the company.
It can be fixed or vary depending on the time slot, it depends on the contract and the offer in each case.
- SURPLUS OR DEFICIT PRODUCTION COST ADJUSTMENT MECHANISM.
Known as the top throttle offset adjustment.
This price varies hourly and can represent a significant percentage of the cost** of the bill.
For a rate with a fixed price of 0.20/kWh, you must add the extra variable price of the adjustment for the gas cap that changes every hour.
On September 20, 2022 at 9: 00 p.m., the adjustment price for the gas cap was 0.10124/kWh.
Fixed rate price (Example): 0.20/kWh
SURPLUS OR DEFICIT PRODUCTION COST ADJUSTMENT MECHANISM: 0.10124/kWh
TOTAL price: 0.30/kWh
How affects?
Consumer with a Non-Regulated Free Market Rate.
The gas adjustment price appears as an extra on the invoice.
You can find out the price for each hour of the day on the Hourly price-> Gas adjustment prices screen.
How to know what type of rate you have contracted?
On your bill or electricity bill, in the part that refers to Contract Data, if the PVPC indicator appears in the type of contract, you are eligible for this modality.
Otherwise, you have a NON-regulated free market rate.
**** DISCLAIMER ****
The application has no relationship with Red Elctrica de Espaa or with any government agency.
The information is for public use and is published daily by REE.
The application is limited to displaying price information in a way that facilitates its consultation and use.
The source of information is: https: //www.esios.ree.es/es/pvpc
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