BY EU STUDIO

Updated Monday, March 14, 2022- 09:57

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2022 started with the price of electricity at its highest.

And in this scenario, electrical contracts can be real headaches in many Spanish homes.

But, without a doubt, understanding them and knowing the type of contract you have helps, and a lot, to the stability of the family economy.

Today, since the liberalization of the sector was approved in 2009, energy companies offer contracts in the free market or, on the contrary, in a regulated one.

Currently, more than 60% of Spanish consumers are in the free market.

Knowing both types of contracts and adapting the invoice to the one that best suits you is very useful.

And what is the main difference?

The price for the use of electricity.

In the regulated market, the price per kWh is indexed to the wholesale market and varies depending on supply and demand, a price for each hour of the day, that is, 8,760 different prices in a year.

On the other hand, in the free market, electricity marketers set a price for each kWh consumed.

Thus, the user can know in advance what he is going to pay since it is established in the contract.

There are different types of tariffs, which keep prices stable for 1, 2 or 5 years and allow adaptation to each type of client.

In this sense, paying for electricity through a stable or fixed fee is a new way of understanding energy consumption.

The number of companies that work in the free market is very large, and among them is Iberdrola.

Each person can choose the rate that best suits their consumption in order to avoid surprises.

Today, thanks to the development of technology, electricity marketers such as Iberdrola can know the historical consumption of each client and, with it, calculate a personalized quota based on the habits of each household.

Finally, moving to energy stability is sustainable and environmentally friendly.

Offers such as Iberdrola's Always Stable Electricity Plan offer personalized quotas calculated based on the consumption habits of its customers and keep the price stable for five years.

With this plan, which also has no permanence commitment, you can enjoy certified renewable energy and reduce the CO2 emissions generated at home.

In other words, planning electricity spending may be easier than you think.

Various factors play a role, but many of them can be controlled with care and some analysis.

And it is that in each home there are different consumption habits and, therefore, it is advisable to review them, prioritize them and transfer them to a consumption plan that really adapts to those needs.

Made by UE Studio

This text has been developed by UE Studio, a creative branded content and content marketing firm from Unidad Editorial, for Iberdrola.

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