Bitter surprise for those who stop at the fuel station today: the discount on mobile excise duties has not been activated. And the Eni price cap figures also “jumped”. We understand better what is happening, if we are still saving and where.
No mobile excise duties
Excise duties on diesel fuel will increase by 6.1 cents from today, 6 October, without the mobile excise duty mechanism compensating for the end of the tax discount applied to date. In fact, the interministerial decree necessary to use the extra VAT revenue to reduce excise duties does not appear in the Official Gazette. The mechanism would have brought a discount that would have completely or partially replaced that of 6.1 cents which ended yesterday, 5 October. In fact, fuel tax cuts disappear completely for the first time since March.
The Eni price cap
The failure to come into force of the discount on mobile excise duties also had a domino effect on Eni’s price cap, blowing the ceiling of 2.19 euros per litre. It is undeniable that it is a bitter surprise for consumers, but in reality Eni had immediately clarified that that figure was related to “the tax relief on excise duties in force”. Once the relief was over, the roof also went up. Eni itself clarifies: “The cap applied remains, but without the 6 cent tax discount from the government there will still be an increase in prices at the pump”.
The effect on Eni prices, VAT included, is six cents per liter and diesel rises to 2.25 euros for the six-legged dog. On average, according to data collected by the Mimit Observatory on fuel prices, today the price of fuel in “self-service” mode along the national road network is equal to 2.043 euros per liter for petrol and 2.244 for diesel. On the motorway network, however, the average self-service price is 2.054 euros per liter for petrol and 2.267 euros per liter for diesel.
“On the excise duty front, the government seems not to keep its promises – Codacons attacks -. The executive had in fact announced the application of the mobile excise duty mechanism starting from 6 October, but the expected Mase-Mef interministerial decree has not yet been seen, with the consequence that for the first time since last March, Italians do not enjoy any discount on fuel taxation, and can only rely on the autonomous initiatives of the oil companies”.