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Regardless, in times of austerity, it's sort of hard to convince people who are looking at reduced wages that the government should be shelling out cash at the rate imagined here. This is a lot more data than I'm going to swim through right now, but there's general agreement that the targeted cut in the FiT was a good call.
One of the big problems that's unique to Spain is that industrial electricity rates are 85% of residential rates, while in neighboring France they industry only pays only 67.5% of what residential does. Purchasing a Mwh for an industrial operation in Spain will cost, on average, 109.80/Mwh. In France that same amount will cost a factory 64.70/Mwh. So industrial electric costs are 70% higher in Spain than France. That's a huge impediment to economic growth.
That issue with industrial prices is what's driving government action more than residential prices. Cutting non-labor costs of production removes some of the push to slash wages.
FYI, where was your spreadsheet at, I found the thing online, but no excel file? And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
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