Electricity consumption in the country was fully covered by solar, wind and hydro power in an extraordinary 107-hour run that lasted from 6.45am on Saturday 7 May until 5.45pm the following Wednesday, the analysis says.
And EDP made about 5 Billion euros profit last year !! SO WHY DO OUR EDP BILLS NOT GO DOWN !!??
The best way forward in the best climate of Europe with 3000 sun hours: PRODUCE FREE POWER YOURSELF !!
Here some good reasons for you:
• We are paying about €0,20 - €0,22 per kilowatt in Portugal !
• Portugal has the highest Electricity rate of Europe !
• EDP prices will only go up !
• Electricity like water and food should have only 5-6% VAT, Portugal has 23% !!
So for every Kilowatt you produce yourself, you also save 23% VAT, a huge leverage !!
Visit our website for more information, and to read regular news updates to keep you informed about the latest renewable developments.