PVPC · €/kWh
Electricity Price in Madrid Right Now
Check today's hourly electricity price in Madrid. Find the cheapest hours and save money on your bill.
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Cheapest Hours to Use Electricity Today
- Now
- €0.29918
- 09-10
- Lowest
- €0.14322
- 02-03
- Highest
- €0.42364
- 20-21
- Average
- €0.25135
- -
Low
€0.14322
Now
€0.29918
High
€0.42364
Best 3-hour block
01:00 - 04:00
~€0.14398
Next hour
€0.32726
10-11 · in 40 min
Trend
↑ 62.8%
Higher than yesterday
Electricity Price Today — Every Hour
00-01
€0.14956
01-02
€0.14348
02-03
€0.14322
03-04
€0.14525
04-05
€0.14538
05-06
€0.16040
06-07
€0.19660
07-08
€0.24231
08-09
€0.33124
09-10
€0.29918
10-11
€0.32726
11-12
€0.26719
12-13
€0.24252
13-14
€0.24323
14-15
€0.17552
15-16
€0.18544
16-17
€0.21683
17-18
€0.26442
18-19
€0.38608
19-20
€0.41107
20-21
€0.42364
21-22
€0.38900
22-23
€0.28043
23-00
€0.26306
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Frequently asked questions
PVPC is Spain's government-regulated electricity tariff where the price per kWh changes every hour. It's typically cheapest between midnight and 8 AM and most expensive from 6-10 PM. You can save 20-30% by shifting heavy usage to off-peak hours. Any home under 10 kW can sign up — no contract needed.
Usually, yes. PVPC saves most households 10-20% vs fixed rates if you run appliances like the washing machine and dishwasher at night (midnight-8 AM). Fixed rates give price certainty but you pay a premium for it. Check our comparator to see the exact difference for your usage.
The cheapest electricity hours in Spain are midnight to 8 AM (valle period). Mid-price hours are 8-10 AM and 2-6 PM (llano). The most expensive are 10 AM-2 PM and 6-10 PM (punta). Running your dishwasher at 1 AM instead of 8 PM can cost half the price.
Switching is free and takes about 2-3 weeks. Call a reference provider (Endesa, Iberdrola, Naturgy, EDP, or Repsol) and ask for PVPC. You just need your CUPS code from your bill. There's no penalty, no paperwork hassle, and your power is never cut during the switch.
Start by checking your annual consumption on your bill (average Spanish home uses about 2,600 kWh/yr). Then use our free comparator to see costs across 100+ offers. Compare both the energy price (€/kWh) and standing charge (término de potencia). PVPC usually wins if you can use power off-peak.
Nope - PVPC prices are the same everywhere in Spain. It doesn't matter if you're in Madrid or anywhere else, the price per kWh is identical. The only tiny differences are local taxes and fees that vary a bit by town in Community of Madrid.
Absolutely. Madrid gets about 2700 hours of sun per year - that's some of the best in Europe. Solar panels can seriously cut your electricity bill, and any extra power you make goes back to the grid and you get paid for it. Community of Madrid often has grants to help with the upfront cost too.
Madrid gets freezing winters and scorching summers - so your electricity bill gets hit twice. Best thing to do: heat the house overnight when prices are lowest, and cool it early morning in summer. With 4 months of cold weather, insulating your home makes a massive difference alongside watching the hourly prices.
The main electricity providers in Madrid are Iberdrola and Naturgy. They all offer both PVPC (regulated) and free-market tariffs. When comparing, don't just look at the price per kWh - check the standing charge, contract length, and whether they offer green energy options.
Electricity is cheapest late at night and early morning (midnight to 8 AM) and most expensive in the evening (6 PM to 10 PM). In Madrid, summer months can shift the peak slightly because of air conditioning use. Try to run your washing machine, dishwasher, and other heavy appliances during the cheap hours.
Possibly - Madrid's municipal government and the Community of Madrid regional authorities sometimes offer subsidies for solar panels, energy-efficient appliances, and home insulation. These programs change regularly, so check with your local town hall or the Community of Madrid energy agency for what's currently available.
If you can shift some of your electricity use to off-peak hours (overnight, early morning), PVPC is usually cheaper than a fixed-rate plan in Madrid. The trade-off is that prices change every hour, so you need to pay attention to timing. Check today's prices above to see how much you could save.