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> 4¢/kWh (slated for 5¢ early next year). It's sold at a loss, since consumer prices are about 10¢/kWh by night and 20¢/kWh by day

Isn't this "selling at a loss" just the difference that the 10 / 20 c is after tax and you sell without tax, or do you have to add tax to the 10/20 c?




There's no tax involved, other than VAT, which applies to both prices.


If you have been told there is no tax involved someone is lying to you. The cost of maintaining the grid and providing power is not as high as you quote as far as I am aware.


Are you sure? Does electricity in Portugal cost 10 to 20 cent before tax? Why is it so expensive? We pay 6 cent/kWH before tax in the Netherlands.


Because we had a government owned company with a monopoly that the EU forced us to sell. So now we have a private monopoly instead of a public one.


https://econews.pt/2018/08/07/why-are-electricity-bills-so-h...

> If we breakdown prices, we realize that families in Portugal have the second highest tax burden in Europe (12 cents per kilowatt-hour).




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