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Iberdrola Ensures That It Will Raise Customer Invoices If There Is Any Additional Cost

Iberdrola’s president, Ignacio Galán, assured this Friday in Oviedo that his company will maintain the energy prices in the invoices of its clients with contracts in the free market “as long as there are no incremental costs via fees, charges or taxes of any kind. kind”. In that case, he warned, they will affect the invoices.

Galán has referred in these terms to the decree approved by the Government to temper the final cost of the electricity bill to consumers, given the increase in prices in the wholesale market. The president of Iberdrola has attended to the media in the corridors of the Hotel de la Reconquista on the occasion of his attendance at the 2021 Princess of Asturias Awards celebration.

The president of Iberdrola explained that both the Government and his company “talk about the same thing.” “Iberdrola in these months kept fixed prices to the industry and consumers who are in bilateral agreements,” he stressed, expressing his desire to “keep these prices under the same conditions, unless his company is affected by a rate hike. .

The Government, he said, has been in favor of modifying “whatever is necessary” in the approved decrees, so that those companies that have not benefited from the high prices will not be affected by the decrees and laws that are being prepared. to stop the rise in prices.

Galán explained that currently only 10% of consumers are suffering from increases in the price of the kilowatt, those who are in the regulated market, almost 11 million domestic consumers. Those who have bilateral agreements with companies, he added, “are not affected at all” by the prices of the daily pool.

Criticism of the regulated tariff
The president of Iberdrola has criticized the regulated tariff system at this point, pointing out that it is “a volatile system” in which it “does not seem reasonable” that the small consumer is depending “every hour” on how much the price of energy is worth.

On the contrary, those that reached bilateral agreements, he said, are having even “lower” bills by benefiting from the lower VAT. “Perhaps we have not been able to explain it adequately,” he reflected.