"Changes in Methane Rates: Implications for Italian Families in the Fourth Quarter of 2023"

On November 2, 2023, some significant developments emerged relating to methane gas tariffs for Italian households. Below are some of the main innovations and measures adopted to mitigate the economic impact on families:

Increase in methane tariffs:

• In October 2023, methane gas tariffs in the protected market increased by 8% compared to September, reaching 1.02 euros per cubic meter. For a typical family that consumes 1400 cubic meters per year, the increase represents an additional expense of 105 euros per year.
• In the protected market, the cost of gas per cubic meter in October 2023 was €0.396/Smc.

Support Measures:

• A new heating bonus has been introduced, intended for families who do not benefit from the benefits reserved for households with an ISEE threshold of less than 15,000 euros.
• The 5% reduced VAT on methane gas and the elimination of general system charges until the end of the year were also confirmed.

Future Predictions:

• According to Davide Tabarelli, president of Nomisma Energia, a reduction in gas tariffs is expected in December 2023, thanks to various factors such as the mild climate, a declining demand due to the economic crisis and an increase in wind and hydroelectric energy production.

These changes in methane tariffs and the support measures announced demonstrate the continued attention of the Italian authorities towards the economic impact of energy costs on families. The introduction of bonuses and tax breaks aims to provide some relief, but also highlights the need to explore further solutions to ensure energy stability and long-term economic sustainability.