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Electricity price in Madrid: cost brackets

The price of electricity in Madrid is variable. This variability mainly depends on three factors: first, the international energy market; second, wind and sunlight; and finally, the time of day

⚡️ Electricity prices in Madrid

Yes, electricity prices in Madrid can vary depending on the time of day, with peak hours typically costing more than off-peak hours. Time-of-use pricing is a common pricing structure used by electricity

Electricity price in Spain today

Electricity prices in Spain for today show a noticeable variation throughout the day. The cheapest hour is at 03:00, with a rate of -0.02 €/MWh, while the most expensive period occurs at 19:00, reaching

Electricity spot prices in Spain today, hour by hour

Spain''s energy sector is characterized by a significant shift towards renewable energy sources. The country has made substantial investments in wind and solar power, which now

Today''s hourly electricity prices

Find out today''s electricity price by the hour for free with Iberdrola. Control your energy expenditure with tariffs tailored to your daily consumption. Find out more here!

The best and worst hours to spend light today in Madrid

How to deal with the rise of electricity in Madrid: the best hours to spend electricity Spain suffers an increase of 450% in the price of electricity and marketers such as Naturgy publish the best

Electricity prices

Electricity prices - Spain This table/chart shows the OMIE spot exchange prices for the Spain bidding zone in the Day-Ahead market, using local time (Europe/Madrid)

Check the price of electricity today

Check today''s hourly electricity price with data from the REE and adjust your usage to the most cost-effective hours. Access real-time electricity rates and optimize your bill with official data.

Price of Utilities 1 month (heating, electricity, gas) for 2 people

The price of Utilities 1 month (heating, electricity, gas) for 2 people in 85m2 flat in Madrid is €117

Madrid electricity rates
Madrid electricity rates [PDF]

4 Frequently Asked Questions about "Madrid electricity rates"

Do electricity prices vary in Madrid?

Yes, electricity prices in Madrid can vary depending on the time of day, with peak hours typically costing more than off-peak hours. Time-of-use pricing is a common pricing structure used by electricity providers in Madrid. All times are in Central European Time (CET).

How much does electricity cost in Spain?

Electricity prices in Spain for today show a noticeable variation throughout the day. The cheapest hour is at 03:00, with a rate of -0.02 €/MWh, while the most expensive period occurs at 19:00, reaching 94.88 €/MWh.

What is the average price in Madrid (Spain)?

This average is based on 26 price points. It can be considered reliable and accurate. Latest update: April 02, 2025. Average price in Madrid: €105. Find out the current prices for a whole list of other products in Madrid (Spain).

How much does it cost to charge an electric vehicle in Madrid?

It costs €1.16 to charge an electric vehicle in Madrid. If you are charging an electric vehicle once a day, it will cost you a total of €34.8 per month. If you decide to charge your electric vehicle every 2nd day, you would save €17.40. * This is based on charging an electric vehicle, and using 45 kwh.

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