Electricity Cost in Spain (ES)
Average electricity rate in Spain: €0.24/kWh ($0.26 USD). Average annual bill: €1200. Renewable share: 47%.
💰 Spain Electricity Cost Calculator
Cost by Usage Level in Spain
| Monthly kWh | Monthly (€) | Monthly (USD) | Annual (€) |
|---|---|---|---|
| 100 kWh | €24.00 | $26.00 | €288 |
| 200 kWh | €48.00 | $52.00 | €576 |
| 300 kWh | €72.00 | $78.00 | €864 |
| 500 kWh | €120.00 | $130.00 | €1,440 |
| 750 kWh | €180.00 | $195.00 | €2,160 |
| 1000 kWh | €240.00 | $260.00 | €2,880 |
Spain Electricity Market
Time-of-use pricing mandatory since 2021. Rates vary significantly by hour. Provider: Deregulated market. Renewable energy share: 47%.
Disclaimer: Rates are approximate averages. Actual rates vary by provider, region, usage level, and time of use. Last updated 2026.
Frequently Asked Questions
Understanding electricity prices in Spain
Spain's regulated PVPC tariff is unusual because its price changes hour by hour, tied directly to the wholesale market, while fixed-rate offers are available on the free market. Abundant solar and wind increasingly push midday wholesale prices down.
Since the PVPC follows wholesale prices, electricity is often cheapest in the solar-rich middle of the day and most expensive in the evening peak. Government measures during the energy crisis, including the Iberian exception, helped moderate prices.
How to lower your electricity bill in Spain
On the PVPC tariff, shift dishwashers, laundry and EV charging into the cheap midday or overnight hours. If you prefer predictability, a fixed-rate free-market contract avoids the hourly swings.
At roughly $0.26 USD per kWh, electricity in Spain sits above the global average of about $0.17 USD/kWh, with renewables supplying 47% of generation. A typical household bill runs around €1200 per year.