Regulated rate customers pay 50% more than free market customers

Iberdrola launches a campaign on the advantages of the free market tariff over the government's regulated one

photo_camera Iberdrola

Iberdrola has launched a campaign this day to encourage consumers to sign up to electricity supply contracts through free contracts because they are cheaper than the government-regulated tariff. 

Twenty million households in Spain have seen how their electricity bill is the same or lower than it was a year ago. These are those citizens who have a free tariff. However, the government-regulated tariff contracts are based on the daily fluctuations of the energy markets and are unbearable for citizens on this tariff. 

For this reason, and as a continuation of its previous "Stable Plan" campaign last March, this information and advertising campaign will insist on the advantages of one contract over the other. 

Regulated rate customers pay 50% more than free market customers

Comparing the average customer (according to CNMC of 3.3 kW and 3,000 kWh) who would have contracted a year ago in PVPC vs. the same customer contracting a Stable Plan in the free market, they would have paid 50% more in PVPC in the last year than that you would have paid with the Stable Plan.

Savings, stability and security are the company's proposals, as opposed to contracts subject to the uncertainties and circumstances of a regulated and unstable market. Spain is the only country in Europe whose regulated tariffs change every hour, which generates more doubts and uncertainty for customers. 

Iberdrola, with more than a century of experience and more than one hundred million customers in different countries around the world, leader in renewable energy and decarbonisation of the planet, thus wants to show citizens that a more stable and lower price is possible.

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