The Foundation for Applied Economics Studies (Fedea) Fedea has defended the abolition of the Tax on the Value of the Production of Electrical Energy (IVPEE), and that it be replaced by one for a short period – something that would foreseeably be necessary for the maintenance of the financial balance of the electrical system. The study center considers that this measure would have favorable effects for the majority of tariff groups, allowing a reduction in the cost of electricity supply.
In a report, the think tank explains that this increase in charges would be temporary, since the reduction in costs other than those of the networks “will be very pronounced in the coming years in the context of finalizing the payment of the electricity sector debt.” In this way, it indicates that the disappearance of the IVPEE would put an end to the paradox of the existence of a “circular” tax that electricity consumers pay through the cost of the energy consumed and that is used to partially cover the costs of the system.
However, he warns that this replacement of the tax by , although of a “very small magnitude”, with only a 2% increase in the annual bill.
Despite this, Fedea highlights in its document more advantages with the disappearance of the IVPEE, such as being able to put an end to the competitive distortion in energy exchanges with neighboring countries, in which there is no tax on generation that companies They incorporate as another variable cost in the offers they make to the market.
Additionally, it is estimated that the generation tax allows reductions in the regulated costs of the system, as it constitutes part of the costs recognized to the generation plants covered by the specific remuneration system for renewables, cogeneration and waste, as well as to the generation plants. thermal in non-peninsular systems. Likewise, he emphasizes that his proposal satisfies the maintenance of the financial balance of the electrical system. “In any case, it is also recommended to stabilize in the coming years the flows received by the system, both in relation to other tax figures included in Law 15/2012 and, above all, in relation to the transfers received for the income associated with auctions of emission rights,” he points out.
Lack of tariff
Law 15/2012, of December 27, on fiscal measures for energy sustainability, introduced a series of new taxes to contribute to the budgetary balance of the electrical system, among which was the IVPEE, known as the generation tax and which of generation from the sale of its energy. The companies also ask to eliminate the tax, since the system currently has a surplus.
This tax was suspended from July 1, 2021 until well into 2024, a measure included in the packages to alleviate the impact of the energy crisis on the pockets of consumers and companies, when it was gradually recovered throughout of the exercise. At the end of last year, although, finally, PSOE and Sumar achieved a postponement of the commission in which this issue was to be addressed.
