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Power costs increase in October

Intelligent Economics > Blog > Power costs increase in October
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Total net electric energy generation in October was 1,656.21 mkWh, a 1% reduction compared to September, and a 2% increase compared to October 2020 when there still were strict quarantine restrictions and people had to stay at home. Residential consumption is 2% less than in October 2020 and -13% with respect to the month before. Commercial consumption went down by 25% and 29% monthly and annually. Industrial consumption also went down by double digits. In October, there was a 37% decrease in consumption compared to September, and -32% compared annually.

The average cost for all classes was 27.18 cents, a 13% increase compared to September, and 72% compared annually. The residential class average cents per kwh in October was 22.6, 3% more than in September, and 49% over October 2020.

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