How to reduce the cost of electricity
From 2015, in Spain the companies with industrial (manufacturing) activity can apply a reduction of up to 85% of the taxable base of the Special Tax on Electricity, which allows for a substantial reduction in the electricity bill.
The Special Tax on Electricity is levied on electricity consumption and is reflected in the electricity bill. It is applied with the purpose of guaranteeing and promoting a responsible consumption of the limited resources of the natural environment.
EXAMPLES OF COMPANIES BENEFICIARIES OF THESE BONUSES
Companies that carry out activities similar to those listed below:
- Chemical and electrolytic process reduction
- Mineralogical processes
- Metallurgical processes
- Industrial activities whose electricity consumption represents more than 50% of the cost of a product
- Agricultural irrigation
- Industrial activities whose purchases or consumption of electricity represent at least 5% of the value of production