Periodic Adjustment of Tariffs for Protected Services
Electricity Supply Tariffs
According to ARERA data for electricity, price projections for the fourth quarter of 2024 indicate an increase in the electricity bill for the "typical customer"[1] in the protected market (Maggior Tutela). The variation for the upcoming quarter is primarily due to the anticipated rise in wholesale electricity prices, which is a consequence of the expected increase in gas prices historically seen in preparation for the colder months.
Although not yet back to pre-crisis levels, the cost for the vulnerable customer in the protected market in 2024 will be around 498 euros, marking a 27.2% decrease compared to the equivalent 12-month period in 2023.
From October 1, 2024, the reference price for electricity for the typical customer will be 26.47 euro cents per kilowatt-hour, taxes included.
Updates for Vulnerable Customers: ARERA will continue to monitor and update the economic conditions of the Greater Protection service quarterly for vulnerable customers, including tariff updates as provided for by Decree-law 181/23 for energy security. The typical family has an average annual electricity consumption of 2,700 kWh and a committed power of 3 kW.
[1] These are vulnerable customers with annual consumption of 2,000 kWh and a contracted power of 3 kW. The calculation for the 'average' vulnerable customer, with annual consumption of 2,700 kWh and 3 kW of contracted power, is available on the Authority's website
Quarterly variations of the economic protection conditions for power (ARERA data)
QUARTER | POWER |
Q4 2024 | + 8.8% |
Q3 2024 | + 12% |
Q2 2024 | - 19,8% |
Q1 2024 | - 10,8% |
Q4 2023 | + 18,6% |
Q3 2023 | + 0,4% |
Q2 2023 | - 55,3% |
Q1 2023 | - 19,5% |
Q4 2022 | + 59% |
Q3 2022 | + 0,4% |
Q2 2022 | - 10,2% |
Q1 2022 | + 55% |
Q4 2021 | + 29,8% |
Q3 2021 |
+ 9,9% |
Q2 2021 | + 3,8% |
Q1 2021 | + 4,5% |
Natural gas supply rates
Starting from January 2024, the gas protection service has been replaced by the vulnerability protection service, intended for domestic customers only vulnerable. ARERA also makes public on its website (for the first time since the end of electricity protection) the fees for the month of July 2024 which apply to non-vulnerable domestic customers included in the Gradual Protection Service.
From January 2024, the Authority, with the same times and methods as in previous months, publish on the site the price component of the gas to cover supply costs, applied to customers of the vulnerability protection service. The component of the gas price to cover supply costs (CMEM,m), applied to customers in the vulnerability protection service, is updated by ARERA as a monthly average of the price on the Italian wholesale market (the PSV day ahead) and published within the first 2 working days of the month following the reference month.
For the month of September, which saw wholesale prices drop compared to those recorded in August, the price of the gas raw material alone (CMEM,m), for customers in the vulnerability protection service, is equal to € 38,80/MWh*.
Please note that for gas, as for heat and district heating management, the normal VAT rates have been restored for all customers since January.
Value of the raw material of the Vulnerability Protection Service
MONTH | Euro/GJ |
Euro/Smc (**) | Euro/MWh |
September 2024 | 10,780083 | 0,415249 | 38,8083 |
August 2024 | 11,261417 | 0,433790 | 40,5411 |
July 2024 |
9,835472 | 0,378862 | 35,4077 |
June 2024 | 10,029278 | 0,386328 | 36,1054 |
May 2024 | 9,162750 |
0,352949 | 32,9859 |
April 2024 | 8,470028 | 0,326265 | 30,4921 |
March 2024 | 7,982639 | 0,307491 | 28,7375 |
February 2024 | 7,733361 |
0,297889 |
27,8401 |
January 2024 | 8,663972 |
0,333736 | 31,1903 |
(*) The values of the CMEM,m component published on www.arera.it
(**) for supplies of natural gas with a reference higher heating value equal to 0.038520 GJ/Smc
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*The price refers to the energy component only (excluding VAT and taxes) and is blocked for the first 12 months. This price includes network losses which are applied as defined, published and updated by ARERA. ** The price refers to the marketing and sales fee (CCV Luce) which, for the first 12 months of supply, will be equal to 144 €/POD/year (excluding VAT and taxes), to be paid on a monthly basis.
The end of the Protected Service for electricity provided for non-vulnerable customers is set for 01/07/24.