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HomeLatest NewsGalan calls customers who have a regulated electricity tariff "fools."

Galan calls customers who have a regulated electricity tariff “fools.”

Iberdrola President Ignacio Sánchez Galán assured this Thursday in Sagunto (Valencia) that customers who are subject to a semi-regulated electricity tariff, the Voluntary Small Consumer Price (PVPC), are “fools”: “Only fools who continue to operate at a regulated rate set by the government are paying this price,” Galan said in parentheses at the presentation ceremony of the future Volkswagen Gigafactory in Sagunt II Park.

In the presence of Volkswagen Group President Herbert Diess, Galán wanted to parenthetically, as if it were an “advertisement”, to emphasize that “80% of Spaniards do not pay the total price”, the wholesale electricity market, and yet “they pay less than 18 years, because that lowered taxes. “Only fools pay this price and continue to work at a regulated rate set by the government,” he added.

According to the latest data from the National Commission on Markets and Competition (CNMC), which was before the price crisis of recent months, 40% of low-voltage supply, more than 10 million, is PVPC. This figure is directly tied to the wholesale market and directly reflects the records recorded since last summer. This Thursday, Facua-Consumers in Action warned of a “significant increase” in recent months in free market electricity offers, with a difference of up to 33% in the average user bill. According to this association, there are a growing number of them, which are already more expensive than the so-called PVPC. According to consistent reports from CNMC, this option is the cheapest for the user in the long run.

The head of Iberdrola made these statements in the presence of a Volkswagen manager. This latter company is part of Anfac, an employers’ association of car manufacturers. On Wednesday, Anfac published a letter from the Alliance for Competitiveness, uniting it with all major industrial employers, in support of Teresa Ribera and restrictions on gas-fired electricity generation, which Spain is negotiating with Portugal, to reduce the wholesale cost of electricity. market after the “Iberian exemption” granted by the European Commission

The executive president of Iberdrola opposed this measure, arguing that Spain “is not an energy island”, despite the fact that the interconnection of the peninsula with France does not reach 3%.

Alliance for the competitiveness of the Spanish industry, made up of the employers’ associations ANFAC (automotive), AOP (recycling), ASPAPEL (paper), FEIQUE (chemicals and pharmaceuticals), FIAB (food and beverages), OFICEMEN (cement) and UNESID (steel industry) sent a letter to the Minister for Environmental Transition “thanking her for her efforts and commitment”, which “led to the establishment of a mechanism successfully negotiated with the European Commission” to impose a cap on electricity generation using gas. , which they hope will “have a positive and immediate effect on the competitiveness of the Spanish industry”, and the details of which they hope “will be known shortly”.

Ribera said at an event in Barcelona on Wednesday that the decision would be approved “very quickly” even though it was scheduled this week. As the third vice-president recalled in this law, at present, about 70% of the electricity consumption of the Spanish industry comes from the pool. Big industry demanded that the minister, in addition to restricting gas, launch auctions announced last September to force the big electricity companies to sell cheap energy.


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