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How is the PVPC calculated?

The RD 216/2014 establishes a new method for calculating the price of electricity on the VPSC. This price is calculated daily by the Spanish Electricity Grid (in Spanish, REE), based on:

 - The energy prices per hour on the market.
 - Applying the average consumer profile.

That is to say, the real daily market price and not a quarterly price, such as was done before. However, it must be taken into account that the prices vary on the daily energy market, which means that with this new calculation method these variations will be reflected in a different final price on each electricity bill.

< What is the “average consumer profile”?

I have a contract with a Reference Reseller Company and I have a Remotely Managed Meter installed, does the legislation related to VPSC affect me? >