The regulated gas rate falls by 7.2% as of October

The reduction in VAT on gas from 21% to 5%, approved on September 20 by the Council of Ministers, has allowed the Last Resort Rate, better known as TUR, to drop by 7.

NewsEditor
NewsEditor
02 October 2022 Sunday 01:46
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The regulated gas rate falls by 7.2% as of October

The reduction in VAT on gas from 21% to 5%, approved on September 20 by the Council of Ministers, has allowed the Last Resort Rate, better known as TUR, to drop by 7.2%. Without this measure, which came into force yesterday, the average price of gas for the next three months would have been 5.88% above that set in July, the month in which the last update was made.

The TUR is the official gas rate available to all customers with a maximum consumption of 50,000 Kwh per year and its rate is updated in the Official State Gazette every three months based on a previously established formula. In it, the main variable is the price of gas in international markets.

Since September 2021, this rate is conditioned by various government aid measures in the face of the international price scale, which limit the rate increase by 15%, for the time being, until January 2023. According to the Ministry of Ecological Transition in the last This year, these aids have allowed savings of between 102 euros and 772 euros for users of that rate. Although the savings are only temporary, since according to what is established, the ceiling on gas bills is not a deduction but a deferral. The difference must be paid by each consumer at the end of its validity period.

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