Business · Energy & Commodities · 4 hrs ago

Italian electricity bills could rise nearly 51% in November and December

Italian electricity bills could rise nearly 51% in November and December

A typical Italian household with an indexed-price electricity contract could face much higher bills in November and December, according to an estimate by Facile.it.

The estimate assumes annual electricity use of 2,000 kilowatt-hours and applies to customers in Italy’s free electricity market.

Without action in the government’s planned bill decree, the household’s bills could be nearly 51% higher over those two months than in the same period last year.

The forecast puts the bill at about €84 in November and €91 in December, or roughly €59 more across both months than a year earlier.

Bills had already risen year on year in September and October, bringing the possible extra cost from September through December to €99.

The estimate depends on energy-price forecasts, and the decree’s details were still unknown; the decree was expected that day after several delays.

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