Thursday, November 24, 2016

Nadal wants the power sector continue to finance the social bond – Investing.com Spain

MADRID (Reuters) – The new minister of Energy Spanish, Álvaro Nadal, said on Thursday that the Government is preparing a royal decree for all companies which sell electricity in Spain to finance the so-called “social bond” after finding a consensus, “total” between the various parliamentary groups.

In statements to the press at the Congress, confirmed by a ministerial spokesman, Nadal said that with the new standard expected to dodge the last judgment of the Supreme Court, which last month turned down this electric rate reduced, directed in principle to the most disadvantaged groups.

Until now, the social bond has been been funded by the greater power of the country, mainly by Endesa (MK:), Gas Natural (MC:) and Iberdrola (MK:).

The Government, which has appealed the decision of the high court, wants to move now to the whole sector of marketing electric the cost of this special rate which is enjoyed by around 2.4 million customers and has an estimated cost of some 200 million euros annually.

in Addition, it coincides with a new wave of outrage on social against the electric power industry after the death of an elderly woman in Reus (Tarragona) at the ignite your mattress with a candle because he had cut off the light.

This Thursday, the socialist parliamentary group recorded a new proposition of law against the energy poverty and demanded that the Government prevent even a single light cut-off for non-payment this winter.

“we Intend with this proposition of law to ensure the supply to vulnerable consumers who are struggling to pay the bill and pay the electricity and the gas and keep their houses in a proper temperature in their houses in winter,” he said in a press release the spokesman of socialist Power, Pilar Lucio, before meeting this morning with Nadal.

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