Standard family gas bill to secure June consumption (July bills) has decreased and is -1.1% compared to May. The slight decrease was solely due to the decrease in spending on natural gas. The general charges and the tariff linked to transport and metering costs remain unchanged, while thanks to Legislative Decree no. 34 of 2023, for the second quarter of the year (thus including June consumption), the VAT was reduced to 5% for gas and confirmed the zeroing of general network charges. In terms of final impact, gas spending for a typical household in the current year (July 2022 to June 2023) before tax amounted to approximately €1,499, a decrease of 8.9% compared to the corresponding 12 months of the previous year corresponds to year (July 2021 – June 2022).

The gas price in June

As for the component of the gas price to cover procurement costs (CMEMm), applicable to customers still in the protected market, this is updated by Arera as a monthly average of the price on the Italian wholesale market (PSV Day Ahead) and published within the first two working days of the month following the reference month. For the month of June, which recorded a lower average wholesale price than in May, the price of gas feedstock alone (CMEMm) for customers with contracts on protected terms was €33.14/MWh.

10 billion cubic meters of gas saved

Businesses and households are now paying more attention to consumption, making Italy a virtuous country in this regard: around 10 billion cubic meters of gas were saved in methane between August 2022 and March 2023, 18% less than the average consumption over the same period in the last 5 years. This is a saving that exceeds by about 20% (2 billion cubic meters) the reduction of 8.2 billion cubic meters stipulated in the national plan to reduce natural gas consumption. This was calculated by ENEA, which also highlighted that the fall in consumption in Italy was higher than the EU average.

The draft law goes into the resolution on the regasification terminal

As for the interventions planned and postponed by the government to support the energy consumption of Italian families, the press office of the Minister for Relations with Parliament Luca Ciriani announced that the new draft law decree will become the so-called terminal regasification decree. The government, the statement said, is in the process of submitting Decree-Law No. 1 to the Chamber. 79 with urgent provisions on helping households and businesses to buy electricity and natural gas and on the issue of legislative deadlines, adopted by the Council of Ministers on 28 June last year. The decree, which was withdrawn by the Senate, where it had already been tabled, is now being merged for the portion of jurisdiction as an executive amendment to 57 regasifier decrees currently in commission in chamber.