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Mixed Rate: Benefit from the advantages of the hybrid product between fixed and indexed pricing
Our Mixed Rate combines the benefits of a fixed-price product with those of an indexed or variable product and is designed for supplies with 3.0TD access rates.
On one hand, your electricity contract will have a fixed component, providing stability. On the other hand, it includes a market-based variable component, allowing you to take advantage of potential opportunities the market may offer at certain times.
In other words, if market prices drop, your electricity price will benefit from those decreases thanks to the variable component. Conversely, if the market rises, you can rest assured that your price won’t increase to the same extent as a fully indexed rate.
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Advantages
Risk-free
Reduce your risk compared to traditional indexed rates.
Risk-free
Reduce your risk compared to traditional indexed rates.
Risk-free
Reduce your risk compared to traditional indexed rates.
Exclusivity
Unique product in the sector.
Exclusivity
Unique product in the sector.
Exclusivity
Unique product in the sector.
Benefits
Enjoy the best of both a fixed product and an indexed product.
Benefits
Enjoy the best of both a fixed product and an indexed product.
Benefits
Enjoy the best of both a fixed product and an indexed product.
Peace of mind
Peace of mind knowing you're with an Endesa product.
Peace of mind
Peace of mind knowing you're with an Endesa product.
Peace of mind
Peace of mind knowing you're with an Endesa product.
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Details
An indexed rate is one in which the price of energy is calculated based on an index or reference. In the case of this indexed product from Endesa, the reference index is the daily wholesale or spot market (OMIE).
An indexed product is a pricing formula that takes the above-mentioned references and, depending on how these references perform, returns one price or another. In the conditions section, you can access the product sheet where you can see the formula used for the product.
The OMIE market price must be added to all regulated costs and other components that make up the electricity price. For example, access tolls and charges for energy terms in effect at any given moment, set by the CNMC and the government, additional services, losses in the transmission networks, and payments to the system operator.
All these costs are already included in the pricing formula and are not added later, no surprises.
When signing up for Endesa's Mixed Rate, you should take the following conditions into account:
- The rate price is updated every month.
- The rate price is based on the price of the daily wholesale market (OMIE pool) and a fixed price quotation that is part of the pricing formula.
- In your bill, you won’t see two lines for 50% of your consumption, you’ll only see the resulting price from applying the formula of our Mixed Rate.
- Endesa’s Mixed Rate for businesses is a product designed for supplies with 3.0TD access rates.
- The contract has a 12-month duration.
Conditions
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