How Spanish electricity prices work — PVPC explained
Spain's regulated electricity tariff (PVPC) changes every hour. Here's what it covers, how it's calculated, and why it matters for your bill.
Read more →How much does electricity cost in Spain in 2026?
A typical home in Spain pays about €60–75 a month for electricity — roughly 3,000 kWh a year on the regulated PVPC tariff, which today averages 0.1750 €/kWh. The price is the same across mainland Spain, but it changes every hour.
PVPC tracks the wholesale market hour by hour — cheapest overnight and at solar midday, priciest in the evening. See a typical bill broken down →
| Typical monthly bill | €60–75 |
|---|---|
| Typical yearly use | ~3,000 kWh |
| Today's average (PVPC) | 0.1750 €/kWh |
Spain electricity price now
0.2888
€/kWh
▲ 2% vs same hour yesterday
Cheapest hour today
14:00 — 0.0654 €/kWh
Today's analysis → Tomorrow's forecast → Guide: what time is cheapest →
24 hours today
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Cheapest
Mid
Priciest
Cheapest hour
14:00 — 0.0654 €/kWh
Priciest hour
21:00 — 0.3116 €/kWh
Tomorrow
Waiting for REE data.
See all hours as a table
| Hour | Price (€/kWh) | vs avg |
|---|---|---|
| 00:00 | 0.1745 | -0% |
| 01:00 | 0.1742 | -0% |
| 02:00 | 0.1714 | -2% |
| 03:00 | 0.1706 | -3% |
| 04:00 | 0.1693 | -3% |
| 05:00 | 0.1708 | -2% |
| 06:00 | 0.1729 | -1% |
| 07:00 | 0.1834 | +5% |
| 08:00 | 0.1887 | +8% |
| 09:00 | 0.1462 | -16% |
| 10:00 | 0.1797 | +3% |
| 11:00 | 0.1605 | -8% |
| 12:00 | 0.1415 | -19% |
| 13:00 | 0.1264 | -28% |
| 14:00 | 0.0654 | -63% |
| 15:00 | 0.0679 | -61% |
| 16:00 | 0.0935 | -47% |
| 17:00 | 0.1200 | -31% |
| 18:00 | 0.2027 | +16% |
| 19:00 | 0.2484 | +42% |
| 20:00 | 0.2888 | +65% |
| 21:00 | 0.3116 | +78% |
| 22:00 | 0.2438 | +39% |
| 23:00 | 0.2276 | +30% |
Tell me when electricity is cheap
Get a heads-up on days with especially cheap hours. Free, via beep.me.
Frequently asked questions
What is PVPC?
PVPC (Precio Voluntario para el Pequeño Consumidor) is Spain's regulated electricity tariff, set hourly by the wholesale market. It applies to households with contracted power below 10 kW.
When is electricity cheapest?
Usually between 02:00 and 06:00 and around midday when solar generation peaks. It varies daily — check the heatmap above.
Is the price the same in Madrid, Barcelona, and Seville?
Yes — in mainland Spain, PVPC is uniform. The cheapest hour in Madrid is the cheapest hour in Seville. Exception: Canary Islands, Balearic Islands and Ceuta+Melilla have separate electricity systems.
How is the price calculated?
Four layers: energy cost (OMIE hourly auction), regulated tolls and charges, electricity tax (5.11%) and VAT (10% reduced rate in 2026). Only the first layer moves hourly.
Where does the data come from?
From Red Eléctrica de España (REE) via the public REData API (apidatos.ree.es). Refreshed every 10 minutes; tomorrow's prices are published around 20:15 Madrid time.
Does this work for free-market customers?
PVPC applies to consumers on the regulated tariff (about 30% of Spanish households). Free-market customers get prices set by their supplier — but PVPC is still useful as a reference point.
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