Prices including taxes include the Special Electricity Tax (IEE) of 5.11% and the Value Added Tax (VAT), which as of January 1, 2025, will be 21%, according to Royal Decree-Law 8/2023, of December 27. The new regulated costs to be applied starting January 1, 2025, are specified in Order TED/1487/2024, of December 26, which sets the prices for system charges and establishes various regulated costs for the electricity system for 2025, approved by the Ministry for the Ecological Transition and the Demographic Challenge, and in Resolution RAP/DE/009/24, which sets the access tolls for transport and distribution networks for 2025, issued by the National Commission of Markets and Competition (CNMC).
The monthly price for the electricity meter rental will be set at any given time by the Ministry of Industry, Energy, and Tourism for the corresponding Access Rate and charged by the Distribution Company, with VAT included, and will be indicated in the invoices issued by LUMISA.
These prices include the regulated cost associated with the Social Bonus funding mechanism, as per Order TED/1487/2024, of December 26, for Social Bonus financing: Fixed cost per customer (commercialization) of 0.0127424301 euros/day.
Any variations, both increases and decreases, in the applicable taxes and regulated concepts, including system charges, access tolls, and meter rental, will be applied. Additionally, any new regulated concepts, fees, or taxes that are created or replace current ones and become applicable during the term of this contract may be passed on to the price.
