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Spain's regulated electricity bill jumps 28% to €104.31

Responsible for this content: Frank Menze

In Spain, a sample household on the regulated electricity tariff faces a €104.31 bill for September 2026, up 28% on a year ago. Consumer group Facua-Consumidores en Acción says it is the highest September figure since 2022. Its calculation is based on a household using 366 kilowatt-hours a month with 4.4 kilowatts of contracted power.

Archivo - Una factura del consumo de luz, a 10 de septiembre de 2021, en Madrid (España).
Europa Press

Five months of rising bills

The sample bill has risen every month since May, when it stood at €75.63. It reached €79.08 in June, €93.65 in July and €96.65 in August. September’s figure is 7.9% higher than August’s. The last higher bill for a September was €137.93 in 2022.

Facua’s figures apply to the regulated tariff, known as the Voluntary Price for Small Consumers (PVPC). A household’s actual bill depends on its usage and tariff.

Wholesale prices rise; tax cut remains conditional

The wholesale electricity market, known as the pool, averaged more than €143 per megawatt-hour in September — its highest level since August 2022. That is not the price a household pays: network charges and other costs are added. Since 2024, the regulated tariff has also included longer-term market prices; they account for 55% of its calculation in 2026. Wholesale price changes mainly affect the roughly eight million households on the regulated tariff. Other households pay according to their contracts.

Spain’s Council of Ministers approved a possible tax cut on Tuesday. If September’s energy inflation rate exceeds 15%, electricity VAT will fall from 21% to 10% in November, and the special electricity tax from 5.11% to 0.5%.

Facua calculates that, had those lower rates applied in September, the sample bill would have been €90.66 — €13.65 less. The group says the measure does not go far enough and wants changes to the way wholesale electricity prices are set.

Topics: Politics · Economy

Source: Europa Press / Mallorca.com

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