The cost of electricity for
offices in Italy hit a new record in the fourth quarter,
Confcommercio said Monday.
The small-business association said its Service Electricity
Cost Index (ICET) increased 3.9% over the third quarter and rose
2.5% on an annual basis.
The higher power prices were caused in part by a 6.7% hike
in wholesale energy prices in the third quarter, year on year,
Confcommercio reported. The wholesale price was affected by the
Russian-Ukrainian crisis, the group said. Another reason was a
tariff increase on utility bills, up 2.7% from the previous
quarter and 11.9% higher than the same period in 2013.
Tariffs currently make up 53.6% of the electrical utility
bill, 30.6% of which are system costs.
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