Zapa-Blair-O approves Electricity price increase...

Zapa-blair-o , has today announced that an increase in the consumer price of electricity has been approved. The increase comes into effect in January.... This means that electricity prices here in Spain are now higher than the UK...

The announcement was made shortly after he announced that the 'State of Alarm' ie., the militarisation of the ATC service in Spain has been extended by a month to January 15th.

Smokescreen anyone....?

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How can they justify putting prices up when Spain is suffering from deflation?

I know this is no consolation, but things are not looking better in the UK either: both gas and elec prices rise in January along with another  rise in petrol as well.   Not sure how many more cost of living increases people can take really, especially as all these things cause prices of everything to rise.

More on this story...in Spanish...

http://www.lavanguardia.es/economia/20101215/54090168882/la-tarifa-electrica-puede-subir-un-promedio-de-hasta-el-8-en-enero.html

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well with a bit of luck I'll be making a profit when they re-imburse me the 1500 kw/hrs that I've over paid this year !