10% of Spanish households suffer from energy poverty

EU electricity prices

According to the report ‘Energy poverty in Spain. Economic analysis and action proposals’ by the Economics for Energy Research Institute, the crisis has dramatically intensified the wealth gap between the rich and the less comfortably off households. Many of them are suffering from unemployment or poor quality jobs –the so-called working poor.

Furthermore, Spain is the fourth country in the European Union with the most expensive domestic electricity prices: in the second half of 2014, Spaniards paid 23.7 euros per each 100 kW hour, Eurostat highlighted.

Household electricity prices increased by 4.1% in the second half of last year compared with the same period in 2013.

In the EU they rose by 2.9% in 2014. Since 2008, electricity prices in the EU have increased by more than 30%. 

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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