Bills, expenditure increased by 1,625 euros per family in 10 years: electricity tariffs +240% – Corriere.it

From 2012 to today, household spending on bills has increased by over 1,600 euros. The cost of light has skyrocketed, reaching a record 240%, going from 19.403 euro cents per kilowatt hour in the last quarter of 2012 to 66.01 euro cents in the same period of 2022. Overall, the expenditure of Italian families for electricity, gas, water and waste rises by 1,625 euros per household in 10 years, recording an average increase of 68.7%. While the average net income of families increased by only 11.5%, going from 29,426 euros in 2012 to 32,812 euros per year in 2020 (latest Istat data available).

Overall spending up 68%

To do the math, Codacons shows that in 10 years the average annual expenditure of Italians for electricity, gas, water and waste rates has risen overall by +68.7%, an increase in expenditure of 1,625 euros per family, with prices of electricity which, compared to 2012, recorded a record increase of +240%. In 2012 the average electricity bill cost 524 euros per family, while the gas bill cost 1,277 euros per family, while in 2022 the average electricity bill reached 1,322 euros and the gas one 1,866 euros. In 10 years, the cost of electricity therefore increased by almost 800 euros (+798 euros) while that for gas by 589 euros, for a total of +1,387 euros per family.

New price increases in 2023

Expenditure for domestic utilities has soared in the last decade, but services have certainly not improved – declares the president of Codacons Carlo Rienzi – Heavy critical issues are recorded above all on the water front, where bills are affected by the Italian sieve network characterized by huge losses and structural deficiencies that are downloaded on the tariffs. The energy tariffs deserve a separate discussion, which literally went crazy between 2021 and 2022 due to the prices on the markets. The forecasts for 2023 are not positive, he warns. After the latest reductions, gas has reversed course and has already recorded a 22.4% rise in tariffs in April – concludes Rienzi – energy prices continue to suffer from market volatility, while skyrocketing inflation and rising costs will lead to an inevitable rise in water and waste rates later in the year.