Galp will also raise natural gas prices in October, “the price will be announced shortly,” a company official told Lusa, citing “volatility” and cost increases as reasons for the upgrade.
The announcement comes after EDP Comercial told Lusa this Wednesday that it will raise gas prices for households by an average of €30 per month, plus fees and taxes, starting in October due to rising prices in international markets. year without updates.
“Given the volatility of the market and the corresponding rise in gas prices, Galp confirms that it will increase gas prices in October, the cost will be indicated in the near future,” said a Galp official source interviewed by Lusa.
In turn, the executive president of EDP Comercial, Vera Pinto Pereira, announced the decision to raise the price of gas “by an average of 30 euros in household bills”, which increase by “five to seven euros in fees and taxes.” “.
For approximately 433,300 (two-thirds) of the 650,000 households that represent the lowest consumption, the increase in gas prices will have an average impact of 18 euros per month before taxes and fees, i.e. an increase of about 22 euros. .
EDP Comercial justified its decision by rising gas prices on international markets in recent months, a situation exacerbated by the war in Ukraine and restrictions on the supply of Russian gas, which also increased the price in other markets, such as Algerian gas.
The new prices come into force on October 1 and, unlike the usual ones, will be valid not for a year, but for three months.
“In exceptional cases, we are currently going to make changes, and the goal is to track the correction of this market trend as soon as possible,” the official explained, stressing that the price may be revised in the near future. end of three months, up or down.
Galp updated the price of natural gas on July 1, increasing it by about 3.60 euros for the most representative group.
Natural gas prices for consumers on the regulated market will also increase 3.9% month-on-month in October, the Energy Services Regulatory Authority (ERSE) said in June.
Thus, on October 1, there will be an increase of 8.2% for 2022-2023 compared to the previous year (2021-2022), EPCE reported, noting that “taking into account the renewal of electricity tariffs during 2022, consumers in the regulated the market will see an average growth of 3.9% in October 2022 compared to the previous month.”
These updates relate to sales tariffs for the domestic segment (consumption less than or equal to 10,000 m3/year) which are still on the regulated market.
In July, prices also updated, increasing by 3.3%. Thus, as of last month, the bill of a couple without children with an annual consumption of 138 m3 increased by 0.33 euros, while for a couple with two children (annual consumption of 292 m3), the average increase is 0.70 euros. According to ERSE, in October in the first case there is an increase of 0.48 euros, and in the second – an average of 0.87 euros compared to September.
Author: Lusa
Source: CM Jornal
