The measures ended on December 31, in a context in which electricity remains at its highest. Today it will touch a new ceiling when it touches 300 euros per megawatt per hour.
The Minister of Finance, Maria Jesus Montero, has advanced this Wednesday that the Spanish Government will extend the reduction in taxes that affect the electricity bill during the first four months of 2022.
In the control session of the Government in the Congress of Deputies, Montero has confirmed that the fiscal measures adopted to alleviate the rise in electricity will be maintained during the first four months of next year. However, it has not specified whether this extension will affect all the reduced taxes.
Over the past year, the Spanish Government adopted measures measures to halt the worrying escalation: VAT was lowered, from 21% to 10%; it suspended the tax on electricity generation, which is 7%, and lowered the special electricity tax received by the autonomous communities.
In the presentation of the budgets in October, Montero assured that there was “room” in the accounts to extend the measures, which expire on December 31, if necessary, something that will be done for the first quarter of 2022.
The wholesale price continues to rise, and this Wednesday it will hit a new ceiling when it touches 300 euros per megawatt per hour. The previous record was 288.53 euros / MWh, on October 7.
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