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%.