In Spain, two main types of taxes are applied to your electricity bill. The Electricity Tax, which is a percentage of the consumption and contracted power, and the VAT (value added tax), which is currently 21% on the total bill, including the Electricity Tax itself.
These taxes are regulated by the government and are applied uniformly throughout the country.
***It includes a 5% VAT (the IGIC would be % in the Canary Islands) and a .5% electricity tax (with a minimum of €1/MWh). If you have a power greater than 10 kW and/or the price of electricity in the wholesale market is less than €45/MWh, the VAT is 21% (and the IGIC is 3% in the Canary Islands). The indicated prices will have the regulated cost associated with the financing mechanism for the social bonus added, which is €.038455 per day. The prices mentioned above do not include the amount corresponding to the Gas Adjustment Mechanism (RDL 10/2022) in our rates effective from September. Despite the recent increase in gas prices and market volatility, we continue to work to offer all our customers fair prices with a long-term commitment.
*** The prices indicated above do not include the % VAT (or the 0% IGIC in the Canary Islands) nor the 0.5% electricity tax (with a minimum of €1/MWh).
If you have a power greater than 10 kW and/or the price of electricity in the wholesale market is less than €45/MWh, the VAT is 21% (and the IGIC is 3% in the Canary Islands).
The indicated prices will have the regulated cost associated with the financing mechanism for the social bonus added, is €0.038455 per day.
The prices mentioned above do not include the amount corresponding to the Gas Adjustment Mechanism (RDL 10/2022) in our rates effective from September. Despite the recent increase in gas prices and market volatility, we continue to work to offer all our customers fair prices with a long-term commitment.
Rates available for all of Spain except Ceuta and Melilla.
We’ll explain it to you simply. The Universal Supply Point Code (CUPS) is like the ID of your home’s electricity supply. It never changes, no matter how many times you switch providers or tariffs, and you need it for any modifications or management of your home’s electricity.
You can find it in the Contract Details section of any of your electricity bills.
You can also sign up easily through our website.
Or if you prefer to do this in person?. Check here for the nearest point-of-sale.
