The new electricity price hike: it skyrockets in August and pushes the bill above €100 for the first time in four years

During the first half of August, the price of electricity in Spain surged significantly, pushing the projected monthly utility bill for an average household above 100 euros for the first time in four years.

This sharp increase affects consumers enrolled in the regulated tariff system, known as the Voluntary Price for the Small Consumer (PVPC). The spike places renewed financial pressure on Spanish households during the peak of the summer season.