How Much Does It Cost to Switch Electricity Providers? Prices and Steps
Switching electricity providers is not immediate; the previous supplier must close the billing period, which can take up to 20 business days to complete the switch.
The amounts are indicative and come from the imported original guide. The final budget depends on scope, materials, and the previous state of the space.
Service Levels and Pricing
Compare the different options available based on your budget and needs to switch electricity providers.
Basic
Simplified management of switching providers without personalized advice. Ideal if you already know which rate you want to sign up for.
Standard
Complete switching service with rate analysis and personalized advice. The most popular option to save money on your electricity bill.
Premium
Comprehensive service with complete energy audit, special rate negotiation, and ongoing monitoring. For customers seeking maximum savings.
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Prices for switching electricity companies
See what homeowners usually pay for the most common tasks. Use these ranges to fine-tune your scope and avoid missing key items in your budget.
Switching electricity companies
Switch with increased power
Switch with reduced power
Tips for switching electricity companies with Reformia
Switching electricity companies is not immediate, your previous retailer will need to close the billing period, so the switch can take up to 20 business days.
1. The number of retailers in the electricity market is very high, with over 300 companies. This creates great competition and they offer sometimes interesting discounts to attract more customers. Therefore, it is important to analyze offers and compare.
2. Once you have several options, the next step is to carefully read the conditions. In some cases, offers come with services that involve additional costs or contract duration periods, typically one year. You should also always check the price that will apply once the offer ends, which is sometimes high.
3. Another interesting aspect is to evaluate offers from companies that supply both electricity and gas. Sometimes they offer better rates and more advantages for the user if, in addition to switching electricity, they also switch gas.
Switching electricity companies is not immediate, your previous retailer will need to close the billing period, so the switch can take up to 20 business days.
What is usually included in a quote
Each professional may structure quotes differently, but most project budgets follow this logic.
Typically included
Often not included
Steps to switch electricity providers
Switching electricity companies is not immediate, your previous retailer will need to close the billing period, so the switch can take up to 20 business days.
1. Compare rates from different suppliers
The first step in switching electricity providers is to analyze the available rates in the market. Check offers from various suppliers to find the one that best fits your consumption and budget, keeping in mind that the average cost of switching is around 175 €. Use online comparison tools to evaluate prices and conditions in minutes.
2. Request a personalized quote based on your consumption
Contact the electricity suppliers you're interested in and request a personalized quote based on your annual electricity consumption. This analysis will show you the actual savings you'd achieve, with switching costs typically ranging from 50 € to 150 € at the standard level. Have your latest bill handy to provide accurate consumption data.
3. Review the contract terms and conditions
Before confirming the switch, carefully read all terms of the new contract with the supplier. Check for early termination penalties, minimum lock-in periods, and any additional charges within the 50 € to 300 € range depending on your tariff type. Don't hesitate to ask for clarification on any unclear clauses.
4. Submit a switch request to your new supplier
Formally submit your switching request to the new electricity supplier, who will handle all administrative procedures with your current provider. This process is free of charge and the new company is responsible for coordinating the necessary steps. You can submit your request by phone, online, or in person at the supplier's offices.
What can change your final price
Even similar projects can end with different budgets. These are the factors that most often push costs up or down.
Your current contracted power
The power of your installation (measured in kW) will determine the cost of your new rate. Higher power levels mean higher monthly fees with most electricity suppliers.
Type of rate chosen
The final price varies significantly depending on whether you choose a fixed rate, indexed rate, time-of-use pricing, or flat rate. Time-of-use rates are usually more economical if you adjust your consumption to cheaper time slots.
Electricity supplier and available offers
Each electricity company offers different prices and promotions. Comparing between Iberdrola, Endesa, Naturgy, Holaluz or Podo can result in savings of between 100 and 300 euros per year depending on your consumption.
Estimated annual consumption
Your energy consumption history is essential to calculate your total annual cost. A household consuming 3,000 kWh/year will pay significantly less than one consuming 5,000 kWh/year.
Which electricity company should you switch to?
Switching electricity companies is not immediate, your previous retailer will need to close the billing period, so the switch can take up to 20 business days.
Open market retailers can set their rates without any limitations. Therefore, not only can you find very different prices per kWh, but users can also find different rate types:
Documents needed to switch electricity companies
Switching electricity companies is not immediate, your previous retailer will need to close the billing period, so the switch can take up to 20 business days.
Prices can vary significantly depending on the type of rate chosen. Thus, you can find prices ranging from 0.13 €/kWh to 0.30 € kWh for consumption. Also, the price paid for power can vary significantly, although on average they can be between 0.03 kWh per day and 0.12 €/kW per day.
Regulated market
- With fixed price throughout the day: the kW remains unchanged.
- With hourly discrimination: the electricity price varies according to off-peak, peak, and standard hours.
- Flat rates: the user pays a fixed amount on the bill for a year. The calculation is based on historical consumption. But if the established consumption limit is exceeded, the price paid for electricity is high.
To switch electricity companies, whether they belong to the open market or the regulated market, you will need to provide certain information and documentation. It is mandatory; if there are errors or omissions, the switch will not proceed. What is required is the following:
- Completed and signed request form by the account holder or their duly identified representative.
- The request must include identifying data of the account holder and location of the supply point, CUPS and banking details for bill domiciliation. It is also necessary to indicate the power you wish to contract.
- A photocopy of the account holder's identification document is usually requested, and for new properties, also the electrical certificate.
- In some cases, the company may request a document proving ownership or a rental contract.
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Retail & Assembly
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Energy Suppliers
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Construction
Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.
Installers
Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.
Maintenance
Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.
Moving Services
Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.
Minor Works
Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.
Renovations
Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.
Technical Services
Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.
Retail & Assembly
Aggregate range based on the published guides in this family.
Frequently Asked Questions
How much does it cost to switch electricity providers in Spain?
Switching electricity providers is completely free in Spain, there are no costs associated with changing suppliers. The only expense you might incur is if you want to change your rate plan or contract additional services with the new company, but the administrative switching process is free. Suppliers cannot charge penalties for switching, according to CNMC regulations.
How long does it take to switch electricity providers?
Switching electricity providers takes between 10 and 20 business days from when you request the switch until the new company begins supplying you. This time is needed because the previous supplier must close the billing period and take a final meter reading. In some cases, the process can be faster if there are no issues, completing in just one week.
What does the electricity provider switching service include?
The switching service includes complete processing with the distributor, final meter reading from your previous company, and registration with the new supplier. It does not include physical changes to your electrical installation or meter repairs, unless you contract additional services. The new company will handle all administrative management at no extra cost.
Do I need the owner's permission to switch electricity providers?
If you are the account holder for your electricity contract, you don't need anyone's permission to switch providers. If you're renting, it's advisable to inform the landlord, although legally the switch is the responsibility of the account holder. In shared housing, all account holders must agree before making the switch.
How do I choose the best electricity provider to switch to?
You should compare the price per kWh, available rate plans (fixed, variable, hourly) and check if they offer introductory promotions on comparison websites like CNMC's or independent portals. Check reviews from other customers and verify if the company has good customer service in case you have questions. It's also important to check if they offer additional services such as energy consulting or discounts for bank transfers.
Got more questions? Contact us!
Got more questions? Contact us!
Frequently Asked Questions
How much does it cost to switch electricity providers in Spain?
Switching electricity providers is completely free in Spain, there are no costs associated with changing suppliers. The only expense you might incur is if you want to change your rate plan or contract additional services with the new company, but the administrative switching process is free. Suppliers cannot charge penalties for switching, according to CNMC regulations.
How long does it take to switch electricity providers?
Switching electricity providers takes between 10 and 20 business days from when you request the switch until the new company begins supplying you. This time is needed because the previous supplier must close the billing period and take a final meter reading. In some cases, the process can be faster if there are no issues, completing in just one week.
What does the electricity provider switching service include?
The switching service includes complete processing with the distributor, final meter reading from your previous company, and registration with the new supplier. It does not include physical changes to your electrical installation or meter repairs, unless you contract additional services. The new company will handle all administrative management at no extra cost.
Do I need the owner's permission to switch electricity providers?
If you are the account holder for your electricity contract, you don't need anyone's permission to switch providers. If you're renting, it's advisable to inform the landlord, although legally the switch is the responsibility of the account holder. In shared housing, all account holders must agree before making the switch.
How do I choose the best electricity provider to switch to?
You should compare the price per kWh, available rate plans (fixed, variable, hourly) and check if they offer introductory promotions on comparison websites like CNMC's or independent portals. Check reviews from other customers and verify if the company has good customer service in case you have questions. It's also important to check if they offer additional services such as energy consulting or discounts for bank transfers.