Skip to Content

Bills soar as Spain approaches record for electricity prices

Andrew Cuomo

MADRID (AP) — Households and businesses in Spain will be thinking twice about using appliances and switching on lights starting Thursday when the country sees a new record for the cost of electricity. The electricity market operator for the Iberian Peninsula says customers in both Spain and Portugal will pay an average of 140 euros, or $165 dollars, for a megawatt-hour of electricity. Consulting firm EnergyLive says that will give the two countries the highest prices in Europe, closely followed by Italy. Spaniards have felt the pinch of rising electricity prices all summer. The previous record of 103 euros per megawatt-hour was set on Jan. 11, 2002.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content