loading
    

Are your electricity bills starting to get higher and higher? In this article we are going to explain why electricity prices are rising and how yo

Why is electricity so expensive?

Over the last few months we have witnessed an escalation in prices unparalleled by any other time in known history. The price of electricity for tomorrow, as published by the Spanish Electricity Network, exceeds 190 euros per megawatt hour, while in France it has exceeded the figure of 350 euros per megawatt hour and in England it is reaching peaks of more than 2,500 euros per megawatt hour, as published in the news of Companias-de-luz.com Why is this happening?

The main newspapers publish that natural gas has increased its price as a consequence of the coronavirus pandemic, which has disrupted its normal production and logistics rhythm, and this affects the cost of electricity, since during some hours the fossil fuel sets the price in the marginal market from the combined cycle gas power plants.

For his part, CSI scientist Antonio Turiel, doctor in physics and energy expert, says that Algeria and Russia, gas exporters, are reaching peak production and will begin to deplete their reserves over the next few years, so this affects the price, as explained by Companias-de-luz.com.

For their part, consumer associations wonder why, when hydroelectric energy sets the price, it is sold at more than 100 euros per megawatt if its generation cost is between 3 and 30 euros per MWh and point out the problem that only three large companies control 90% of electricity generation.

Faced with this prospect, consumers are not saving on their electricity bills, as they are becoming increasingly expensive. However, there are ways to reduce the amount by reducing energy consumption. Experts say the following: save on electricity by reducing your consumption.

How to save on bills?

There are several ways to do this. The first thing that the team of journalists at Companias-de-luz.com tell us is that we should compare the different tariffs on the market using an electricity and gas comparator. On the other hand, it is very important to know how many kilowatts of contracted electrical power we are going to install in our house.

The electrical power is the maximum number of kilowatts that the company allows to pass from the supply point to the installation at any given time. We must contract enough so that we can use several of our electrical appliances at the same time.

However, the more we contract, the more we will pay on the fixed part of the bill, as the power term is multiplied by the number of kilowatts. In this way, we could be paying ten euros more per month without any need to do so.

To find out how many kW of power we need in our home, we can carry out a consumption study, using a power calculator or consulting an electrical technician. In addition, we can also save on our electricity bill by saving energy, with a few simple gestures such as the following

Make the most of natural light, choosing a decoration that does not obstruct the passage of light and with light or white colours so that the sunlight is projected more.
Switch off appliances that are on standby.
Adapt the temperature of the air conditioning to the climatic conditions outside. In winter the temperature should not rise above 21 degrees Celsius.
Opt for LED lighting.

We can also carry out reforms to improve the thermal insulation of the house and not spend excessively on heating.

Are you interested in this article with tips on how to save on electricity in your home? In the following link to another website you can find much more information on this subject if you want to continue learning and going deeper into the subject.

Were you interested in this article with tips on how to save on electricity in your home? In the following link to another website you can find much more information on this subject if you want to continue learning and going deeper into the subject.