The gas price cap was a measure aimed at containing the rise in energy prices. It was approved by the Government by a Royal Decree-Law that established a cap on the price of gas used to generate electricity.
It was an urgent and temporary measure, which was applied from June 15, 2022 to December 31, 2023.
The cap on gas prices has a cost
As we have said, the objective of limiting the price of gas used in Spain to produce electricity is to lower the price of electricity, but it is not possible to avoid paying the real price for gas on the market.
It was decided that the difference between the real price of gas and the "capped price" would be borne by all consumers, who will pay for this in their electricity bill.
How does the gas price cap affect the electricity bill of Energía XXI?
The first thing you should know is that this measure sought to contain the price of gas used for electricity generation. It is independent and did not affect the gas you consume in your home.
If you are subject to the PVPC tariff, on the electricity bill you will find the additional extra cost required to finance the difference between the cap and the real price, it has been incorporated into the price per the kilowatt that you paid for your consumption.
This price, as indicated by the regulations, is not differentiated, but as with the price of electricity itself, it is very volatile and fluctuates at every hour of the day.
You can check this hourly price OMIE's website, the body responsible for market operations and which publishes all the information in this regard on a daily basis.
Where does this gas cap surcharge appear on my electricity bill?
You will not find it differentiated, but included in your 2022 and 2023 bills in the "Energy costs" section.
