How will the new tariff changes affect me?

June 2021


After over 3 years postponing these updates, the Spanish government and distributors have now confirmed these changes will come into place from 1st June 2021. Please note – these tariff changes are not isolated to Energy Nordic clients. These changes will affect everyone in Spain with access to electricity, regardless of who your supplier is

Many of you may have seen abnormalities on your meters in the last few months (‘P3’ readings etc), regardless of your supplier – this has been due to the introduction of these upcoming changes and new governmental regulations.

Three energy periods

The new 2.0 TD rate will have three different time periods for consumption, spilt over six time bands in which the cost of electricity will be different throughout the day. The schedule for new billing periods depends on the day of the week, the month, and the geographic area.

Billing periods from Monday to Friday working in the peninsula, the Canary Islands and the Balearic Islands:

  • VALLE (P3): It is the cheapest period and includes the night hours with a lower electricity consumption, from 00:00 to 8:00, as well as all day at weekends and national holidays.
  • LLANO (P2): This period maintains an intermediate price and ranges from 8:00 a.m. to 10:00 a.m., 2:00 p.m. to 6:00 p.m. and from 10:00 p.m. to 12:00 a.m.
  • PUNTA (P1): It is the most expensive period and ranges from 10:00 a.m. to 2:00 p.m. and from 6:00 p.m. to 10:00 p.m.