Best electricity rates in Spain (2026)
1
Holaluz – Fair Rate
2
Holaluz – Classic Rate
3
Fixed-price rates from traditional retailers
4
Time-of-use rates
5
Rates indexed to the wholesale market
Electricity rate comparison
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How to choose the best electricity rate
Choose a flat or fixed-price rate if your monthly consumption is relatively constant: you'll avoid unexpected variations even if the market rises.
Consider a time-of-use rate if more than 40% of your consumption occurs between 10 pm and 8 am (long-cycle appliances, electric car): savings can reach 15-20%.
Go for classic rates if your consumption isn't constant.
Avoid contracts with commitment clauses: the energy market changes frequently and the ability to switch without a penalty is a real advantage worth keeping.
Prioritise certified 100% renewable energy: in many cases the extra cost is minimal or non-existent compared with conventional rates, and the Guarantee of Origin certifies the green origin of the electricity.
FAQ: electricity rates
