We all have to contract electricity with a company. It is one of those fixed monthly expenses that can cause us more than one headache, especially when the heat forces us to be glued to the air conditioning. However, you can save a lot of money if you contract electricity with one of the companies that we are going to present to you below.
Is it all about price?
The price of electricity is obviously the most important thing. We are referring especially to two key concepts: the energy termwhich is the value of the electricity we consume, and the power termwhich is a fixed price paid for having a certain amount of energy available at the same time. In most tariffs, one of the values is offset by the other, meaning that a cheap energy term usually leads to expensive power and vice versa.
However, you should not only look at the price. Many companies offer discounts on other services, such as maintenance, or offer better deals when contracting other products such as gas.
TotalEnergies
TotalEnergies is one of the companies with the best prices on the market, but it also stands out for having recently received the Seal of Excellence from the Spanish Association of Customer Relations ExpertsThis means that it is one of the companies in the country that helps customers the most with any problem they may have.
In addition, the two rates we are going to present to you include a 50% discount on the Facilita maintenance service for one year.
At Your Leisure Rate Light Always
If you are interested in a rate with a single price for electricity throughout the day, this is undoubtedly the best option. It presents a term of energy to 0.104995 €/kWhwhile the power is at the average of large national companies: 0.136685 €/kW per day. In this case, it is only offered in a single section.
On the go rate Schedule your savings
The offer with time discrimination, that is, with different prices depending on the time, is also very competitive. In the off-peak period, electricity will cost only 0.084089 €/kWhon flat stretch 0.101222 €/kWh and at the tip 0.144162 €/kWh. Power has a price of 0.068356 €/kW per day both on the flat section and the valley section.
Octopus Energy
Octopus Energy is a highly recommended company, especially if you have solar panels in your home. They offer many advantages, such as two years without electricity bills if the installation is done with them or a virtual wallet with which the surpluses are paid at €0.08/kWh.
Octopus Relax
The fixed price offer has an energy price of 0.118 €/kWh. The power term is divided into 0.089 €/kW per day in peak season and 0.026 €/kW per day on flat stretches.
Octopus 3
The energy term in this tariff with time discrimination costs 0.176 €/kWh in the peak section, 0.109 €/kWh in the plain and 0.084 €/kWh in the valley. The power has the same price as in the Octopus Relax rate
Both rates also compensate for solar surpluses, if any, by paying €0.05/kWh.
Repsol
Repsol is a company best known for fuels, but it also has a solid energy offering. In fact, one of its most interesting features is the loyalty program. Wayletwhich increases rewards if you have contracted an electricity or gas service. The balance recovered with each refuelling is 10 cents/l when only electricity is contracted and 15 cents/l if gas is also contracted, or 50% and 75% of the cost of the electric refill and up to 5% and 8% when purchasing from brands associated with Repsol.
All Repsol electricity rates offer two free months of the 24H Assistant maintenance service.
Savings Plus Rate
Repsol’s fixed rate tariff offers a term of energy at 0.119746 €/kWh. Power costs 0.068219 €/kW up to date on both sections.
My 10H rate with discount
Repsol does not have the typical tariff with three time slots, but you will be the one who chooses the 10 hours in which you will have a cheaper price for the energy term. The price in the special schedule is 0.086415 €/kWhwhile the rest of the time it costs 0.172830 €/kWh. The power is the same as in the previous rate.
The hours you choose with a reduced price do not have to be consecutive and they do not have to be the same every day of the week. Once you have chosen them, you can change them up to 6 times a year. These changes will become effective the day after you change them. In addition, you can choose 10 days in which the discounted hours are different from those of that day during the rest of the year, that is, you can choose 10 Mondays that have a different schedule to the rest of the Mondays. These days, which are established at the beginning of the contract, can be changed up to 30 times a year.
How to choose an electricity tariff?
To choose the cheapest electricity company, you should mainly take into account two factors: how much energy you consume during a year and how much power you need. To find out the first, collect your electricity bills from the last year. It is important that they are from this period, since we do not use the same amount of electricity in August as in November. To find out if we have contracted the correct power, it is enough to know if you have had any power cuts due to overload at any time. If not, perhaps the power could be lowered.
Compare consumption and power with the prices of the different tariffs and find the one that offers you the best price. If they have similar prices, look for extras such as discounts and benefits.
