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Gas prices in October 2024, bill costs

September was just a break. Gas prices in October. It started growing againand more than inflation. The data is particularly relevant as it relates to the Italian families that fall within it. Risk protection service. According to Arera, the regulatory authority for energy, networks and the environment, gas bills have increased by 5.3 percent compared to the previous month and 11.7 percent compared to January. This increase has particularly affected those who, after the end of the protected market, fall within the following requirements:

  • They have Above 75 years of age
  • There are medical conditions that require its use. Electrical equipment
  • They have one Disability Admitted
  • Live in affected areas. Emergencies (such as floods or earthquakes)
  • They live Small islands
  • They have one Icy not exceeding 9,530 euros and are among the beneficiaries of the economic bonus.

They are, therefore, More delicate bands Of the population, which the state has decided to continue to protect and which are affected by their increase. Gas reference price That went from 110.93 cents per cubic meter in September to 116.77 cents in October, calculated based on the average consumption of a typical family that uses 1,100 cubic meters a year. A figure that appears even higher than the 104.56 cents in January.

Behind the increase in gas prices is the increase in transportation costs.

According to Arira’s numbers based on this addition, it is also The price of raw materials in the Italian wholesale marketIn turn depends on the international tariff: it increased from 38.8 Euro/MWh to 40.82 Euro/MWh.

This increase has caused the increase which is the main component of the gas bill, ie Expenditure on natural gasThat was 46.59 cents per cubic meter until now. supply1.5 cents higher than in September, and v 6.15Retail sales. In the latter case there was no monthly change.

A more decisive factor for the rise in gas prices was the gas involved. Meter transportation and handling chargesIncluding for distribution, measurement, distribution equation and standard services. In this case, the increase increased from 24.53 cents per square meter to 28.03, +14.27%. Among the results is the fact that in October these costs represented 24 percent of the gas billcompared to 22.2 percent in September. However, the weight of the natural gas content component decreased from 46.1% of the total to 45.17%.

After that they have to pay. System Charges: It was unchanged from previous months at 2.95 cents per cubic meter, representing 2.2% of the bill amount.

Il The role of taxation and forecasting for the future

Finally, there are more relevant, and growing, Tax. These add 33.05 cents per cubic meter to the cost of gas and other costs proportionally if the increase occurs. Actually between September and October Taxes increased by 84 cents.represented 28.31% of the bill, however, down from 29% a month ago.

The rise in gas prices was widely expected based on rising tensions in the Middle East. What should we expect now? Let’s talk about the latest updates Prices are falling againAbove all, winter stocks are 95% full (98.5% in Italy) thanks to a moderate climate in Europe that limits demand and the high availability of natural gas sources, for example LNG. is Rumors of a deal between Hungary and Slovakia and Azerbaijan are also gaining weight. Replace Russian equipment which can no longer pass through gas pipelines crossing Ukraine. In short, the price of gas on the most vulnerable families’ bills this winter will depend on weather and external factors.

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