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The cheapest electricity rates

Discover the cheapest electricity rates and how they can fit your way of life, including our Única rate, much more than a flat rate

 

We all like to save money, and our electricity bills are no exception. For this reason, we at Endesa will tell you which electricity rates are the cheapest so, at the end of the month, you can see from your current account how much you have saved.

 

Saving on bills is a way of life

You already know that saving on your bill depends on a number of factors. First of all, it depends on your consumption. Logically, if you consume less electricity, you will spend less. That's where the concept of energy efficiency comes in. It is not only desirable from the viewpoint of savings, but also from that of sustainability. Wasting electricity needlessly causes serious harm to the environment. 

The second factor that influences your monthly spending is your contracted power rating. In our blog, we have already told you what a power rating is, why it directly affects your bill, how you can save money by lowering it and how you can change it.

Don't forget that the power rating of your home has a lot to do with your lifestyle: whether you use a number of appliances at the same time, how much power those appliances use, etc.

We have seen that both efficient consumption and your power rating are determined by the way you live your life: you can alter these factors to fit your routine or alter your routine to fit these factors. But not everything is as simple as it seems.

The cheapest electricity rates

There is also a third factor involved: electricity rates. Logically, we will always choose the cheapest electricity rates. But what are they? And this leaves you with another dilemma: How much can I adapt my way of life to fit that rate? And this is where it gets complicated.

There is also a third factor involved: electricity rates. Logically, we will always choose the cheapest electricity rates. But what are they? And this leaves you with another dilemma: How much can I adapt my way of life to fit that rate? And this is where it gets complicated.

The cheapest electricity rate for those who can get organised is: Tempo Happy 2hrs

Its main advantage is that you can choose two consecutive hours of the day. And every day of the week all the electricity you consume during that period of time will be free. It's a notable benefit. But it may be that your lifestyle does not fit in with this offer and you cannot organise yourself to concentrate your consumption in those two hours every day, either because of unforeseen events or because your needs change from one day to the next.

Establishing routines that are repeated every day is a challenge. If you manage to combine all the factors properly, you can see whether there is a particular time of the day when you regularly tend to consume more electricity. If so, you'll notice the savings on your bill with the Tempo Happy 2Hours Rate. As we have already mentioned, it allows you to concentrate your consumption into two hours a day. You can choose the hours you want and everything you consume during that period will be free. Red Eléctrica de España says that in Spain the times with the highest average consumption are between 8:00 p.m. and 10:00 p.m. (winter) and between 9:00 p.m. and 11:00 p.m. (summer), but you can choose the times that best fit your daily routine.

Here are the prices before VAT:

  • Fixed price: €3.984651/kW per month
  • Energy price with Happy Hour: €0/kWh
  • Energy price: €0.154665/kWh

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The cheapest electricity rate for sustainable night-time customers: Tempo Verde Super Off-Peak Rate

If you are committed to sustainability, you will already have an electric vehicle or are thinking of getting one. To recharge it, many people choose to do so overnight. In that case, the cheapest electricity rate for you is the Tempo Verde Super Off-Peak Rate. This is 100% renewable energy. From 01:00 a.m. to 07:00 a.m. you will have cheaper prices for charging your vehicle's battery with no problems, and at very advantageous prices.

Here are the prices before VAT:

  • Fixed price: €3.785418/kW per month
  • Peak energy price: €0.154701/kWh
  • Off-peak energy price: €0.088909/kWh
  • Off-peak energy price: €0.076377/kWh

The cheapest electricity rate for those who live by day: Tempo Happy 50Hours Rate


Getting organised and sticking to a strict routine is not easy. There are ways of life that are full of unforeseen events and change from one day to the next, due to travel, etc. But that doesn't mean you have to give up on saving on your electricity bill. For these cases, Endesa offers you a Happy 50Hours Tempo Rate. With this rate, the 50 hours of highest consumption throughout the month will be free. So you will not have to be looking at the clock to see what time it is before starting the washing machine or taking a shower.

You can take a look at these prices before VAT:

  • Fixed price: €3.984651/kW per month
  • Energy price with Happy Hours: €0/kWh
  • Energy price during the remaining hours: €0.154665/kWh

The cheapest electricity rate for those who take advantage of night time prices: One Luz Nocturna Rate

If you are not at home very often during the day and most of your electricity consumption is at night, you also have an opportunity to save money. In fact, Endesa offers you one of the most competitive rates with its One Luz Nocturna Rate. The electricity that you consume between 10 p.m. and 12 noon in winter or between 11 p.m. and 1 p.m. in summer will have a cheaper price. In that space of time, about 14 hours, you can get organised and do your laundry, have a shower or do the cooking , and you will see how your bill goes down.

Here are the prices before VAT.

  • Fixed price: €5.053288/kW per month
  • Peak energy price: €0.158614/kWh
  • Off-peak energy price: €0.079420/kWh

With the electricity rates that Endesa offers you, you have no excuse not to start saving. Discover all the advantages of each of these different rates: one of them will surely meet your needs so that you can save money without giving up the way you live your life.

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