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> 4¢/kWh (slated for 5¢ early next year). It's sold at a loss, since consumer prices are about 10¢/kWh by night and 20¢/kWh by day Isn't this "selling at a los
by piotr1212 7y ago
> 4¢/kWh (slated for 5¢ early next year). It's sold at a loss, since consumer prices are about 10¢/kWh by night and 20¢/kWh by day
Isn't this "selling at a loss" just the difference that the 10 / 20 c is after tax and you sell without tax, or do you have to add tax to the 10/20 c?
- sergiosgc 7y agoThere's no tax involved, other than VAT, which applies to both prices.
- krageon 7y agoIf you have been told there is no tax involved someone is lying to you. The cost of maintaining the grid and providing power is not as high as you quote as far as I am aware.
- piotr1212 7y agoAre you sure? Does electricity in Portugal cost 10 to 20 cent before tax? Why is it so expensive? We pay 6 cent/kWH before tax in the Netherlands.
- gdhbcc 7y agoBecause we had a government owned company with a monopoly that the EU forced us to sell. So now we have a private monopoly instead of a public one.
- piotr1212 7y agohttps://econews.pt/2018/08/07/why-are-electricity-bills-so-high-in-portugal-taxation-is-the-answer/ https://econews.pt/2018/08/07/why-are-electricity-bills-so-h... > If we breakdown prices, we realize that families in Portugal have the second highest tax burden in Europe (12 cents per kilowatt-hour).