5 ms·

I think the OP meant lack of competition. Prices are controlled by one or two public utilities companies and I agree summer in Southern Europe kind of sucks the

I think the OP meant lack of competition. Prices are controlled by one or two public utilities companies and I agree summer in Southern Europe kind of sucks these days with extreme heat and lack of air conditioning. I lived in Houston,TX where we used to have hot summer as well but it was bearable with air conditioning s as we would Just simply stay in

mempko 5y ago
Markets don't have anything to do with capitalism/socialism. There are capitalist places without markets, and socialist places with them.
lmilcin 5y ago
I am not Spanish but I still know how to read and use Google. https://rightcasa.com/spanish-utilities-electricity,-gas-and-water/ https://rightcasa.com/spanish-utilities-electricity,-gas-and... "The main electricity companies in Spain include Grupo Endesa (the largest), Iberdrola, Union Fenosa and Hidrocantábrico. Like many other countries, the energy market has been completely opened up, allowing customers to choose which supplier they use (...)" So, are they lying or not?
- nsizx 5y ago
  Over 50% of the electricity bill is taxes. Example: https://www.iberdrola.es/webclipb/gc/prod/es_ES/estaticos/informacion-util/comprende-tu-factura/imgs/u31485.png https://www.iberdrola.es/webclipb/gc/prod/es_ES/estaticos/in...
  - lmilcin 5y ago
    So... you are complaining most of the bill goes back to the budget rather than to a private company? Listen, your country needs to pay for infrastructure some way. That money has to find its way from your pocket to the budget, there are no miracles here. At least with electricity bill you have option to use less electricity and pay less taxes. Would you like it to be levied on some things you can't decide to use less? If you think your country costs too much, vote for people that promise to make the government cost less.
    - nsizx 5y ago
      The cost of the infrastructure is not part of the >50% of taxes you pay. It's in the other part. You'd know that if you read the screenshot I posted. And saying you have the option of using less electricity. Really laughable, sorry. I guess I'll turn off my refrigerator.
- anthk 5y ago
  We have a goverment'regulated and an unregulated market. Often the regulated power contract is cheaper on the long term.
anthk 5y ago
Man, your region couldn´t barely stay alive in Winter due to hard power shortages. The issue in Spain it´s like a Texas ultra-light version of that. As I stated in the tread the Spanish goverment regulated power contract is the cheapest option compared to the ones in the free market, and companies have to comply by law so they can offer a regulated contract to the customer. It´s mandatory, but the sad story here is that not everyone is aware of that and power contracts are hard as fuck to understand. Now they even printed math summatories to ¨explain¨ the power spending to the ¨common folk¨ as if everyone got a pre-calculus diploma. Kafquesque.
- 988747 5y ago
  To be fair, Texas is roughly in the same latitude as Sahara - a winter like the last one is basically once-in-a-lifetime occurence. Kind of makes sense not to prepare for it.
  - s5300 5y ago
    It most certainly does not make sense not to prepare for it when scientists have been telling you this issue will be coming for a few decades now. Key words - prepare, and will be coming
    - 988747 5y ago
      To paraphrase famous saying from the stock markets: climate scientists predicted 50 of the last 2 severe winters. At some point you get the "boy that cried wolf" problem.
      - s5300 5y ago
        While you're missing the point, What was the $ damages/lost due to the recent grid failure vs the $ for the winterization of the wind & nat gas plants? Don't really care about exact numbers, ratio of the two is fine. I'm sure an obvious statement will be seen in said ratio.

mempko 5y ago

Markets don't have anything to do with capitalism/socialism. There are capitalist places without markets, and socialist places with them.

lmilcin 5y ago

I am not Spanish but I still know how to read and use Google. https://rightcasa.com/spanish-utilities-electricity,-gas-and-water/ https://rightcasa.com/spanish-utilities-electricity,-gas-and... "The main electricity companies in Spain include Grupo Endesa (the largest), Iberdrola, Union Fenosa and Hidrocantábrico. Like many other countries, the energy market has been completely opened up, allowing customers to choose which supplier they use (...)" So, are they lying or not?

nsizx 5y ago
Over 50% of the electricity bill is taxes. Example: https://www.iberdrola.es/webclipb/gc/prod/es_ES/estaticos/informacion-util/comprende-tu-factura/imgs/u31485.png https://www.iberdrola.es/webclipb/gc/prod/es_ES/estaticos/in...
- lmilcin 5y ago
  So... you are complaining most of the bill goes back to the budget rather than to a private company? Listen, your country needs to pay for infrastructure some way. That money has to find its way from your pocket to the budget, there are no miracles here. At least with electricity bill you have option to use less electricity and pay less taxes. Would you like it to be levied on some things you can't decide to use less? If you think your country costs too much, vote for people that promise to make the government cost less.
  - nsizx 5y ago
    The cost of the infrastructure is not part of the >50% of taxes you pay. It's in the other part. You'd know that if you read the screenshot I posted. And saying you have the option of using less electricity. Really laughable, sorry. I guess I'll turn off my refrigerator.
anthk 5y ago
We have a goverment'regulated and an unregulated market. Often the regulated power contract is cheaper on the long term.

anthk 5y ago

Man, your region couldn´t barely stay alive in Winter due to hard power shortages. The issue in Spain it´s like a Texas ultra-light version of that. As I stated in the tread the Spanish goverment regulated power contract is the cheapest option compared to the ones in the free market, and companies have to comply by law so they can offer a regulated contract to the customer. It´s mandatory, but the sad story here is that not everyone is aware of that and power contracts are hard as fuck to understand. Now they even printed math summatories to ¨explain¨ the power spending to the ¨common folk¨ as if everyone got a pre-calculus diploma. Kafquesque.

988747 5y ago
To be fair, Texas is roughly in the same latitude as Sahara - a winter like the last one is basically once-in-a-lifetime occurence. Kind of makes sense not to prepare for it.
- s5300 5y ago
  It most certainly does not make sense not to prepare for it when scientists have been telling you this issue will be coming for a few decades now. Key words - prepare, and will be coming
  - 988747 5y ago
    To paraphrase famous saying from the stock markets: climate scientists predicted 50 of the last 2 severe winters. At some point you get the "boy that cried wolf" problem.
    - s5300 5y ago
      While you're missing the point, What was the $ damages/lost due to the recent grid failure vs the $ for the winterization of the wind & nat gas plants? Don't really care about exact numbers, ratio of the two is fine. I'm sure an obvious statement will be seen in said ratio.