(ANSA) - ROME, 26 FEB - Savings are coming for Italians'
bills. This week Arera will release the new gas rates in the
protected market and forecasts are for a cut of about 17
percent. But with current gas rates, decreases are also expected
for electricity. Resulting in overall savings for households
estimated at around 600 euros annually. A sigh of relief then
for Italians who, like Europeans too, in the past 6 months,
squeezed between high prices and the emergency of the war in
Ukraine, have tightened their belts by reducing gas consumption.
Roof or no roof, in fact, natural gas consumption in the EU -
according to Eurostat data - decreased by 19.3 percent in the
period August 2022-January 2023, compared to the average gas
consumption in the same months (August-January) between 2017 and
2022. Italy stands at around 19 percent just below the European
average. Full storages and a mild winter have done the rest: gas
prices, which now stand at around 50 euros per megawatt hour,
have hit their lowest since 2021. And energy prices also
continue to fall in Italy, as is also expected in the next gas
update from Arera, which will arrive on Thursday, March 2.
Forecasts made in recent days by Nomisma Energia President
Davide Tabarelli are for a drop in early March of 17 percent for
gas and 25 percent for electricity on April 1 (when Arera will
also release the quarterly update for electricity). Environment
Minister Gilberto Pichetto on Monday also confirmed, "If the
trend is what we are experiencing, I think we will again have a
very significant reduction in gas and also in energy in Arera's
next decision." The total savings between electricity and gas
should be "596 euros per year per household," Codacons
calculates: "The gas bill would be around 1,154 euros per year,
equivalent to a saving, compared to the tariffs in force today,
of 237 euros per year per household; for electricity, the
average bill would drop to 1,075 euros per year per household,
with a lower expenditure of 359 euros." The drop in gas
consumption over the past six months has enabled many EU
countries to meet the 15 percent reduction target set by the EU
Council regulation as part of coordinated demand reduction
measures. Specifically, between August 2022 and January 2023,
according to Eurostat, Ireland (-0.3 percent) experienced the
smallest drop in consumption, while Spain (-13.7 percent) and
Slovenia (-14.2 percent) recorded significant declines but did
not meet the 15 percent target. In some countries, however, the
reduction far exceeded the target: consumption fell the most in
Finland (-57.3%), Lithuania (-47.9%) and Sweden (-40.2%).
Looking at the monthly data from January 2022 to January 2023,
consumption was consistently below the 2017-2022 average for the
respective months in those years. But the biggest declines were
seen from the summer of 2022: from -14 percent in August, the
drop in consumption gradually widened to -25 percent in
November; then in December, the drop in consumption was less
pronounced (-12.6 percent), but it widened again in January 2023
(-22.1 percent). (ANSA).
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Expected bill savings, gas consumption drops
Arera tariffs on Thursday. Codacons,families -600 euros annually