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  • What is the regulated market and what are its prices?

What is the regulated market and what are its prices?

The regulated tariff VPSC (Voluntary Price for the Small Consumer) is a way to set the electricity price. It was designed and is regulated by the Government. It only affects regulated market customers.

The feature of the VPSC regulated tariff is the way the price of producing electricity is calculated.

How are invoices calculated in the VPSC regulated tariff?

The VPSC system is applied in two ways:

If you already have a smart meter

It is possible to know how many kWh you consume every hour of each day, so you only have to apply the prices communicated by Red Eléctrica Española (the Spanish Grid). 

If you do not yet have a smart meter

It is impossible to know how many kWh you consume every hour, so the profile of an average consumer is applied to you (as created by Red Eléctrica Española).

It is foreseen that all households will have a smart meter in 2019.

What possibilities does the VPSC offer you?

You have 3 options within the VPSC:

  1. General or Normal Tariff

    A single price curve is applied. Although variable, it is foreseeable that the kWh price will always be cheaper at night than during the day. 

  2. Night tariff or time discrimination

    Two time periods are set out, a peak period (in the day) and another off-peak (at night) during which the electricity price is very different.

    Peak Period:
    Winter: from 12h to 22h.
    Summer: from 13h to 23h.

    Off-peak period:
    Winter: from 22h to 12h.
    Summer: from 23h to 13h.

  3. Super-off-peak rate

    This tariff splits the day into 3 periods. There is a super-off-peak period from 1h to 7h devised to make electric vehicle recharging more economical.

Clients with Social Rate

If you have the Social Rate, the VPSC tariff is applied with a 25% or 40% discount.

You only have a right to the Social Rate if you comply with these requirements.

What are regulated prices?

In application of Spanish Royal Decree 216/2014 of 28 March the prices of tariffs for customers with a contract in the reference trading company are:

Electricity

Voluntary Price for the Small Consumers (VPSC)

This price is calculated daily by the Spanish Electricity Grid (Red Eléctrica de España – REE) depending on:

  • Market energy prices per hour.
  • Applying the average consumer profile.

The price of electricity can vary every hour, depending on how the electricity market evolves, meaning that it will never be the same on your bill and it is impossible to know beforehand. REE publishes the average consumer profile on its web page.

The prices are published daily  on the REE website.

The price of the rates subsidy is that of the VPSC with a discount of 25%.

General conditions

Fixed Price in the Regulated Market

This is established in advance, it is fixed and stable for 12 months. By choosing this option, you know the price you will pay beforehand, it does not depend on the evolution of the electricity market and therefore the amounts on your bill will only depend on your level of consumption.

The Fixed Price with Energía XXI:

Fixed Price (*)
Power Charge Energy Charge
3,170286 €/kW/month 0,145841 €/kWh
Fixed Price (*)
Power Charge 3,170286 €/kW/month
Energy Charge 0,145841 €/kWh
Fixed Price with Time Discrimination (*)
Power Charge Energy Charge
Peak Off-peak
3,170286 €/kW/month 0,167451 €/kWh 0,092442 €/kWh
Fixed Price with Time Discrimination (*)
Power Charge 3,170286 €/kW/month
Energy Charge Peak 0,167451 €/kWh
Energy Charge Off-peak 0,092442 €/kWh
Fixed Price with Super Off-peak Time Discrimination (*)
Power Charge Energy Charge
Peak Off-peak Super Off-peak
3,170286 €/kW/month 0,169245 €/kWh 0,100538 €/kWh 0,084176 €/kWh
Fixed Price with Super Off-peak Time Discrimination (*)
Power Charge 3,170286 €/kW/month
Energy Charge Peak 0,169245 €/kWh
Energy Charge Off-peak 0,100538 €/kWh
Energy Charge Super Off-peak 0,084176 €/kWh

(*) Prices in force since January 1, 2019.

General conditions

Regulated Gas Tariffs

Last Resort Tariff (LRT)

LRT 1 (Up to 5.000 kWh/year)
Fixed term Variable term
4,27 €/month 0,055903 €/kWh
LRT 1 (Up to 5.000 kWh/year)
Fixed term 4,27 €/month
Variable term 0,055903 €/kWh
LRT 2 (Between 5.000 and 50.000 kWh/year)
Fixed term Variable term
8,38 €/month 0,049029 €/kWh
LRT 2 (Between 5.000 and 50.000 kWh/year)
Fixed term 8,38 €/month
Variable term 0,049029 €/kWh

(*) Prices in force since January 1, 2019.

General conditions