Electricity charges !!??

Given that electricity bills in the UK & Spain have risen around 80% that's probably 

about right.

Unfortunately........

And don't forget that the smart meter tariff times have changed ( well mine have ).

Instead of low / medium / high rates the medium rate has been dropped.

So between 8 am & midnight high rate, midnight to 8 am low rate.

Low rate weekends & public holidays.

With Iberdrola they define two rates, but there is no difference in the cost per kwh.

It seems that our contract is at a fixed rate, but those who have been swapping suppliers may have not got this. I just hope I have got this right!

I got this message from Iberdrola after putting Solar Pannels on the roof.......

Because I had problems to sign it on their web page I asked for help by e-mail and after 1 week I got this answer:

In your current tariff you are paying during all the day the same price only: 0,138801€/kwh. But if you change your plan, 

your contract will be affected by the regulations on financing Fee Limit Gas price established in Royal Decree 10/2022, if

you make this change from now on, a new concept will appear on your bills "Fee Limit Gas price" with a variable amount

each month. 

Check if is this mentioned on your bill....

There was a new law (Royal Decree 10/2022) which applies an additional charge of €0.154994 per kWh of consumption to bills.

This is stated as being applied to cover the additional costs that energy suppliers are incurring in producing electricity due to the increase in wholesale gas prices. This may be in place for the next year.

Apparently, it shouldn't be applied if you are on a fixed / tailored tariff contract with your supplier, but if / when you change supplier or contract, or have done since 26th April 2022, then it can be applied.

It should be shown as an extra line of charges on your bill, with a reference something like "Ajustes RD 10/2022" or "Gas Cap RDL 10/2022".

Spain is also implementing a price cap similar to the UK, but they are attempting to de-couple from the EU energy markets to be able to do so.

Not great news, but then energy costs are increasing all over the world.

Martin Lewis’s advice to “do nothing” seems appropriate for Spain too?

We should all have the Iberdrola client app, where you can (with a 2-day delay) see not only your consumption, but how much you have used in each hour of the day. It can show where you should be looking for savings. 

I am with Iberdrola and have had zero increase in my electricity bill, same with water bill. This is due to government cap which was introduced 01 April and will continue until at least end of December.

We have been told that if you go into a Leroy Merlin (not sure which branch) they have a

Iberdrola information desk, they will advice you which is the best tariffs for your needs

Good luck! 

As Roland says, prices have increased everywhere but your increase is 150%. Does your bill mention the gas tax?

You could try SiCompare, an English speaking comparison site. They’re always very helpful.

if you speak some Spanish,  Selectra is very good. We changed to Endesa at the end of last year and we get a month free every year. Their rates on our okay are better than Iberdrola. However, they’re not as contactable, but they are a huge company. 

We haven’t had the gas surtax yet but may get it when the contract renews in October.