Prices with taxes include the Special Electricity Tax (IEE) of 5.11% and Value Added Tax (VAT), which will be 21% starting January 1, 2025, according to Royal Decree-Law 8/2023, of December 27. New regulated costs that will apply from January 1, 2025, are specified in Order TED/1487/2024, of December 26, which sets the prices for the electricity system charges and various regulated costs for the electricity system for 2025, approved by the Ministry for Ecological Transition and the Demographic Challenge, and in Resolution RAP/DE/009/24, which establishes the access tolls for the transport and distribution networks for 2025 issued by the National Commission for Markets and Competition (CNMC).
The monthly rental price of the electricity meter will be set by the Ministry of Industry, Energy, and Tourism for the corresponding access rate and charged by the Distribution Company, including VAT and indicated on the invoices issued by LUMISA.
These prices include the regulated cost associated with the financing mechanism of the Social Bonus, according to Order TED/1487/2024, December 26, for financing the Social Bonus: Fixed cost per customer (commercialization) of 0.0127424301 euros/day.
The energy price term is calculated following Circular 3/2020 of the National Commission for Markets and Competition and Royal Decree 148/2021, which sets the calculation methodology for the electricity system charges. The indexed price is calculated with the following formula:
Indexed Price = [(OMIE + ADJUSTMENTS + RO + CO) x (1 + PR(%)) + FNEE + BS] x (1 + CD(%)) + ATR, which includes the following components:
- OMIE: Average price of the Spanish daily electricity market
- RO: Payments to system operators (REE) and market operators (OMIE)
- PR(%): Losses in transmission and distribution networks
- BS: Contribution to the Social Bonus
- ATR: Access tolls
- ADJUSTMENTS: Includes adjustment costs, interruptibility, capacity payments, and other concepts of the supplied energy
- CO: Operational cost of Commercialization
- FNEE: National Energy Efficiency Fund
- CD(%): Deviation cost
Additionally, Lumisa will charge a monthly amount of €3.90 (€4.72 including VAT) per supply point for management costs.
Variations in taxes and regulated concepts (upward or downward) will be passed on to the customer as appropriate. Likewise, any new regulated concept, rate, or tax created during the term of the contract may be passed on to the price.