Face the Price of Electricity today in your Home with these tips

Still don’t know how you can save on your electricity bill? From our blog we give you the best tips to stand up to the prices of light.

Who sets the price for the light?

The price of electricity has gone crazy throughout Europe. The euros roll on the counter without a stop and it seems that nothing can stop it at the moment. In Spain, more than 180 euros per megawatt per hour. But, Who decides this? Who sets the price for the light? Well, the price per kWh of light It is set based on the result of the wholesale electricity market of each country or zone, as explained by Companias-de-luz.com. But if these auctions are made in each country or area, Why have prices gone up across Europe?

The reasons are various. The first of these is the rise in the price of natural gas, which has been a victim of the coronavirus pandemic, which has also caused a mismatch between demand and supply. The CO2 bonus has skyrocketed, and this right that companies pay, basically to be able to pollute the air while they carry out their economic activity, affects the price of the invoice. And the only thing that could stop it was the contribution of renewable energies, but the drought and the lack of wind have weighed down their participation in the energy mix, as indicated by Companias-de-luz.com. All this has caused the average bill to rise to 77 euros.

And what can consumers do about this? First of all it is very important to compare the electricity rates, since according to the CNCM there may be a difference of 200 euros per year between the most expensive and the cheapest rate.

How to deal with the price of electricity?

From Companias-de-luz.com they give us some tips to reduce the amount of our invoices:

• Change the bulbs for other low consumption LEDs, since you will save more than 77% in lighting.
• In the case of having contracted the PVPC rate, concentrate your consumption between ten at night and ten in the morning, programming the appliances. It is also cheap to consume between two in the afternoon and six in the afternoon.
• Get the most out of sunlight to avoid the use of artificial light.
• Do not raise the temperature of the heating or air conditioning more than 21ºC in winter. Each degree of difference with the temperature supposes an increase of the 6% energy expenditure. It is bad for your pocket and also for your health.
• One of the main ways to save energy is insulation. It is about ensuring that there are no temperature leaks in the house and is achieved by protecting facades, soils, ceilings or walls. Much of the energy that we require with heating or air conditioning is due to the fact that the house has hot and cold exhausts and, for this reason, fails to maintain the proper temperature.

Have you been interested in this article and our tips? In the next link On another website you can find much more information on this subject if you want to continue learning and delving into the subject.