![Lower power bills on the way as Spain strikes one-year deal with EU to cap wholesale electricity prices](https://www.theolivepress.es/wp-content/uploads/2022/04/Lower-power-bills-on-the-way-as-Spain-strikes-one-year-deal-with-EU-to-cap-wholesale-electricity-prices-490x324.jpg)
Reduced power bills coming to Spain after it makes EU deal to slash wholesale electricity prices
WHOLESALE electricity prices in Spain will be capped for a year starting from May. Based on current wholesale rates, the move would produce an estimated