Dear bills: here is the government’s plan to reduce the increases in electricity and gas

The definitive amount of resources that the government is preparing to deploy to reduce by at least 30%, as anticipated by this newspaper (see Il Sole 24 Ore of 17 September), the increases in electricity and gas prices, it will be known, most likely, only on the eve of the Council of Ministers. The meeting, barring last minute changes, should be called next Thursday for the green light to the measure that will try to reduce the 9 billion impact of the incoming increases by a third – forecasts speak of a 40% for electricity and 31% for gas – on the bills of users in greater protection (families and micro-enterprises).

Technicians at work to identify the covers

In these hours the technicians are working to identify the DL covers: a part (we are talking about 750 million) should come from the CO2 auctions which, already in July, helped to partially sterilize the increases.

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The largest tranche will be recovered by the Mef using the resources advanced by the reduced drafts of the anti-crisis measures prepared by the executive to face the pandemic (read bonus). And it will be the size of this slice that will determine the final value of the decree: the range within which we are currently moving is 3-3.5 billion.

So far the perimeter of the “buffer” measure that should be approved Thursday by the CDM and which will replicate the mechanism already put on track in July: namely the “one-off” cut in system charges (in particular the Asos component which covers above all costs for supporting renewables). The charges, in the latest quarterly update, accounted for 10.7% of the total expenditure for the supply of electricity (and 4.7% on gas). On the other hand, taxes, understood as VAT and excise duties, amounted to 12.6% in the electricity bill (2.9 euro cents compared to the 22.9 cents we pay for each kilowatt hour consumed), while they had a much greater impact on the outlay. for gas, where regional surcharges are also counted: 35.6% of the entire bill (30.2 cents compared to 84.7 cents per cubic meter of gas used).

The tool to use

In short, it is the confirmation that the picture is different between the two tracks and that in any case a real breath of fresh air can arrive – as the Authorities (Arera and Antitrust) have been asking for some time and as the Minister of Transition has also reiterated in recent days ecological, Roberto Cingolani, personally involved in the dossier -, only by a profound reinterpretation of the items in the bill. At the moment, the only certainty is the final destination which should be the Economic and Financial Document (Def) even if it is still deciding whether to insert the structural revision in one of the related to the budget law, among the reforms to be implemented, or within the maneuver to make it possible for its entry into force as early as January 1st. The knot will be dissolved in the next few weeks, but it is clear to everyone that the matter is complex and it is impossible to reach the solution of the puzzle in a very short time.

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