Change Electricity Supplier & Save

Electricity Prices In Spain

Electricity prices in Spain are amongst the highest in Europe. During the second half of 2022, Spain ranked 8th in the European Union in terms of € / kilowatt-hour.

Country € / kilowatt-hour
Greece 🇬🇷 0.4556
Belgium 🇧🇪 0.3791
Ireland 🇮🇪 0.3718
Denmark 🇩🇰 0.3636
Czechia 🇨🇿 0.3605
Netherlands 🇳🇱 0.3197
Italy 🇮🇹 0.3192
Spain 🇪🇸 0.2966

In recent years, prices have been on the rise, increasing from an average price of 0.2165 € / kilowatt-hour in 2014 and peaking in the second half of 2022 at 0.2966 € / kilowatt-hour (source: eurostat). With fluctuating costs and numerous supply options, paying for electricity in Spain is not as straight forward as one would expect.

average_electricity_prices_in_spain

Avg. electricity prices all taxes and levies included (source: eurostat)

Costs Of Electricity In Spain

At the end of 2022, the cost of electricity in Spain reached the highest it had been in over a decade. Currently, the price for electricity in Spain is €29.66 per 100 kilowatt-hour.

However, due to the complex billing system in Spain, these costs can fluctuate on a daily basis, and even though the price drops occasionally, as seen around 2019, since 2021 it has been rapidly increasing.

cost of electricity in spain

Spanish Electricity Explained

Because tariffs fluctuate, it’s important to know your average consumption in order to understand your monthly electrical bill.

Knowing what a kilowatt-hour is will help you understand your energy consumption needs and will help you find ways to cut back, saving you on your monthly electricity costs in Spain.

A kilowatt-hour (kWh) is the amount of energy you would use by running a 1000-watt appliance for one hour.

For example, letting a 100-watt bulb burn continuously for 10 hours will consume one kWh of energy. Whereas a 2000-watt home appliance would take half an hour to use one kWh.

Therefore, it’s important that you know the number of watts in each appliance you intend on using so that you know how much electricity you’ll be consuming and how much it will cost you.

    Calculating Electricity Cost in Spain

    Once you know the wattage of your appliances, you can then use those values to calculate the cost of running each appliance.

    Below are some of the most widely used household appliances with an average estimation of the number of watts it requires to power each one:

    • 50 inch LED Television: 0.016 kWh per hour
    • Electric dishwashers: 2 kWh per load
    • Most ovens: 2.3 kWh per hour
    • Electric water heater: 380-500 kWh per month
    • Refrigerator: 54 kWh per month
    • Clothes Washer: 2.3 kWh per load
    • Clothes Dryer: 2.5 – 4.0 kWh per load
    • Air Conditioner: 3.0 kWh per hour

    These are all estimated values and will depend on the model of the appliance as well as the various settings you use for each one; hot or cold washes, maximum or minimum heat.

    How to Calculate your Electricity Usage

    By following this simple guide, you can calculate how much power your household and all it’s appliances will need to operate throughout the day.

    • First, make a list of all your appliances from your iron to your refrigerator and write down the number of watts consumed by each appliance
    • In the next column, write down approximately how many hours a day you make use of the appliance
    • Lastly, make the calculation using this formula:
      1. Watts X hours used = watt-hours per day
      2. Watt-hours per day / 1000 kilowatts = kWh used per day
      3. kWh used per day X 30 days in a month = kWh per month used
      4. kWh per month X rate per kWh = monthly running cost

    For example:

    A dishwasher uses 1200 watts and runs for 2 hours a day

    1. 1200 watts X 2 hours = 2400 watt-hours per day
    2. 2400 watts / 1000 kilowatts = 2.4 kWh
    3. 2.4kWh per day X 30 days in a month = 72kWh per month
    4. 72kWh X €0.2874 = €21

    Calculate the cost of running a selection of the most commonly used appliances using the simple calculator below:

    1. Adjust your rate using the slider
    2. Select an appliance from the dropdown menu
    3. Adjust your estimated usage per month

    FAQS

     

      What does contracted power (potencia) mean?

      Potencia is the price that you pay for the contracted power that is supplied to your installation. It is set at a fixed price, and is not related to your actual usage. The amount you pay for your contracted power will always be shown on your electricity bill.

      Why do I have to pay for contracted power (potenica)?

      In Spain, the state charges a fixed fee for the contracted power (potencia) you receive. The state determines both the fee for potencia and the administration fee charged by your electricity supplier.

      Can I choose my electricity supplier, regardless of where I live in Spain?

      Yes, you are free to choose whichever energy company you like, regardless of where you live in Spain.

      Is there a risk that my power will be disconnected when switching to a new supplier?

      No, your electricity supply will not be disconnected when changing supplier.

      What is CUPS?

      CUPS is a unique number starting with ES and followed by 20 additional characters. Every meter point has a unique CUPS number. You will need this number for various things, including switching to a new energy company. You can find your CUPS number on your electricity bill.

      I am not the homeowner. Can I still switch electricity supplier?

      Yes, provided the electricity bills are in your name. If you pay your bill through your rent, then you should speak to your landlord or housing association about switching supplier.

      Save On Your Electricity Bill

      Fill out the form below & we will tell you how much you could be saving on your electricity bill – and get back to you with a great offer.