The PVPC tariff (“Precio Voluntario para el Pequeño Consumidor”) changed drastically on 1 June 2021, making electricity slightly cheaper during the nights, but making it much more expensive during peak hours during day-time.
The peak hours on the Spanish mainland are roughly between 8.30 am - 2.00 pm and 5.00 pm - 10.00 pm on 1 June 2021. The price has increased with approx. 60% during these hours in comparison with the previous day, making it much more expensive to run air-conditions and other electrical appliances.
Comparison showing the price of electricity on 1 June 2021 and the previous seven days:
The PVPC tariff replaced the previous TUR tariff on 1 April 2014. As an alternative to PVPC, consumers entitled to it can contract a fixed price with the reference marketer for one year.
The price of electricity varies every hour and is based on the cost of production of electricity, which is determined based on the hourly market price. Red Eléctrica de España, S.A. publishes the PVPC energy billing term in the evening for the following days 24 hours.
If the consumer has a remote managed meter effectively integrated into the network, an hourly billing will be applied according to their actual consumption. If the consumer does not have a remote-managed meter, or it is not effectively integrated into the network, calculated consumption profiles published each week by Red Eléctrica de España, S.A. will be applied to the actual readings.
Sources:
- www.esios.ree.es - PVPC
- www.ree.es - Voluntary price for the small consumer (PVPC)
- energia.gob.es - Precio Voluntario para el Pequeño Consumidor (PVPC)
- www.ree.es - Red Eléctrica publica los precios de la electricidad de la nueva tarifa para el pequeño consumidor
Legislation:
- www.boe.es - Real Decreto 216/2014, de 28 de marzo, por el que se establece la metodología de cálculo de los precios voluntarios para el pequeño consumidor de energía eléctrica y su régimen jurídico de contratación.
- www.boe.es - Orden ETU/1948/2016, de 22 de diciembre, por la que se fijan determinados valores de los costes de comercialización de las comercializadoras de referencia a incluir en el cálculo del precio voluntario para el pequeño consumidor de energía eléctrica en el período 2014-2018.
