Endesa and how they charge

Hi,

I'm new to this. Just signed up. I've bought a unit on Mallorca (in Sept) and am wondering about the electricity fees. Am currently not living there but have been charged €34, €40 & €49 for the lats 3 months. This seems high to me. Having checked with my lawyer I understand that Endesa estimates the monthly cost based on last year and adjusts the charge later once they've read the meter. Can anyone confirm this? Are they honest in repaying if they've overcharged (I assume they deduct from the next bill?)?

Thanks

 I think this is correct.  Endesa usually read the meter every two months and adjust accordingly.  We've received refunds to our bank account on a couple of occasions.

Great. Thx a lot.

Hi Greg;

Endesa bills break down into 5 parts;

 A daily standing charge which is dependent upon the supply contract you have with Endesa. The charge is calculated at 0.056529 x the KwH contracted rate x the number of days in that months accounting period.

For example 0.056529€ x 9.2KwH x 31 days which runs out to 16.12€

Next is the amount of electricity actually used during the accounting period. This is calculated at the rate of 0.142319€ per KwH.

For example 0.142319 x 1,615 equals 229.85€The two figures are then added together, in the example case totalling 245.97; this figure is subject to a special electricity tax calculated thus.. in my example… 245.97 x 1.05113 x 4.864%... equals 12.58€

Next there is a charge for the meter which is calculated at the number of days in the accounting period multiplied by 0.017753€ per day.. making 0.55€ in the example.

Finally the figures are added together

16.12 + 229.85 + 12.85 + 0.55 equalling 259.10 and the whole lot subjected to the addition of VAT (IVA) at 18%... in our example this equals 46.64€, making a grand total of 305.74 euros.

The figures used in the above are actuals for my Nov. 9^th to Dec 10^th account.Electricity in Spain is very expensive and it may have escaped your attention but you / we are in one sense paying a tax on a tax!

Pitby is quite correct in her statement that meters are read bi-monthly and estimates based on previous use are made bi-monthly when the meters are not read. This may not hold true during July / August when it is quite normal to receive estimated bills for three months running.

fb

Thanks very much to both of you. Very useful info.

Greg