Spain electricity rates

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4 FAQs about Spain electricity rates

How much does electricity cost in Spain?

Electricity prices in Spain for today show a noticeable variation throughout the day. The cheapest hour is at 03:00, with a rate of 0.73 €/MWh, while the most expensive period occurs at 20:00, reaching 37.67 €/MWh.

Why does Spain regulate electricity prices?

The Spanish government regulates electricity prices to ensure affordability and stability, while also promoting renewable energy sources such as wind and solar power. They are aiming towards becoming carbon neutral by 2050.

What is the current value of electricity spot prices in Spain?

The current value of the Electricity Spot Prices in Spain is 102.76 EUR/MWh. The Electricity Spot Prices in Spain increased to 102.76 EUR/MWh on 12/1/2025, after it was 98.73 EUR/MWh on 11/1/2025. From 12/31/1997 to 11/30/2025, the average GDP in Spain was 53.84 EUR/MWh.

What happened to Spain's spot electricity price in 2022?

According to Trading Economics, Spain's spot electricity price has fallen by €27.62 per MWh since the start of 2025, a drop of about 20.3%. For context, the benchmark hit a record €544.98 per MWh in March 2022.

⚡️ Electricity prices in Spain

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⚡️ Electricity prices in Spain

Despite this, electricity prices in Spain remain higher than the average for Europe, though efforts are being made to reduce costs for consumers. If you live in Spain or plan on moving to Spain, we
Electricity price in Spain today

Electricity prices in Spain for today show a noticeable variation throughout the day. The cheapest hour is at 04:00, with a rate of 0.71 €/MWh, while the most expensive period occurs at 20:00, reaching 62.06 €/MWh.
Spain | Electricity Price: Household Consumers | CEIC

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