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[ElectricityIndex.banner.headlineLabel] · May 22, 2026 · 05:21 PM CET

€0.140 / kWh

Source: ESIOS (REE)Live data refreshed every 15 minutes

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0.140

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Free Instant Analysis

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Live Electricity Price Chart – Spain OMIE Market

Last updated: 22 May 2026, 17:21 CET

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The "Real" Wholesale Price

The "raw" market price shown above is just the beginning. Before hitting your bill, the final Indexed rate has several additions:

Red Eléctrica Tolls: Moving the power.
System Charges: Renewables subsidies and deficits.
Supplier Margin: The provider's profit (usually a monthly fee + slight €/kWh markup).
Taxes: Electricity Tax and IVA.

Important Notice on Tariffs

These daily market fluctuations apply only if you are on an Indexed tariff (such as the PVPC regulated tariff or an indexed free-market tariff). If you are on a Fixed or Flat tariff, these daily and hourly changes do NOT affect your bill—your rate remains what it says on your contract regardless of market spikes or dips.

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1. Wholesale Electricity Market (OMIE)

This is the raw cost of energy produced at power plants, traded daily on the Iberian market. This value changes every hour (or every 15 minutes in modern metering systems) based on supply and demand.

2. Regulated Electricity Grid Charges in Spain

These are fixed government-regulated charges (peajes y cargos) to maintain the national grid and fund renewables. Under the 2.0TD tariff, these charges vary significantly by time: P1 (Peak), P2 (Mid), and P3 (Off-Peak).

3. Supplier Margin and Retail Electricity Pricing

Electricity providers charge a small commission (typically around 1.2 c€/kWh or a monthly fee) to manage your billing and risk. This is the only part of the energy rate where suppliers compete on price in the Spanish market.

4. Electricity Taxes in Spain

Finally, your bill includes the Electricity Tax (Impuesto Especial sobre la Electricidad) and IVA (VAT). The estimates shown on this page are before tax to provide a clear view of market performance.

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