Extension of Royal Decree-Law 10/2022 “gas cap” on electricity bills

What is Royal Decree-Law 10/2022? On 15 June 2022, the emergency measure approved by the government to reduce the price of electricity came into force. This is Royal Decree Law 10/2022 which establishes, on a temporary basis, a production cost adjustment mechanism to reduce the price of electricity on the wholesale market. The measure has…

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Electricity Price Reduction in Spain: What Homeowners Need to Know

Electricity prices in Spain have gone through major changes in recent years. After the record highs caused by the energy crisis, many households are now asking the same question: will electricity bills finally become more stable? To help reduce the impact of rising energy costs, the Spanish Government and European authorities introduced several temporary measures…

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