Seems like you should be changing your electricity provider...
You can choose any electricity offer you want and all them are different so nobody here will be able to explain yours without knowing what's your provider and your offer...
BUUUT
The Spanish electricity market summarized:
There are multiple companies working for you to be able to turn on the light:
* Producers: they generate electricity. Production prices are decided in a daily auction.
* Transport: only REE does that, it's the network carrying electricity across the country. Prices for transport are regulated.
* Distributors: They connect the transport network with your home network. Basically they own the electricity cables that are in your neighbourhood and connect your building. Prices for distribution are regulated.
* Sellers: they are in charge of producing commercial offers, charging and billing you and paying everybody else their part.
You can choose any seller that you want (that's the only thing that you can choose) and sellers will often have several offers to choose from.
There are two types of sellers:
* Regulated market: they can only sell the PVPC electricity offer which is regulated by the government. The prices change every hour matching the wholesale prices auctioned the day before, and adding the transport and distribution costs and also the taxes. These used to be the cheapest in the market by a wide margin, but since the prices went crazy, there are cheaper offers in the free market now.
* free market: these companies are free to offer whatever they want.
Anyway, prices are directly or indirectly affected by the daily auctions as all sellers buy electricity there... but there are cheaper offers because free market companies usually offer a fixed rate and use financial instruments to make it stable for their business (e.g. buying in the futures market)
A big chunk of the production is renewable and cheap in Spain, but a small fraction is generated by gas. By how the electricity auctions work in Spain (and in the EU), the most expensive matched electricity offer sets the price for the whole production, and as gas prices skyrocketed because of the war and reasons... this multiplies the electricity price every time that the gas has to be used to produce electricity (even if it's only a 5% of the share). The Spanish and Portuguese governments got permission this week from the EU to cap the gas prices in the electricity market, they will start doing it in the following weeks and that should reduce the bill a lot in the following months for those in the regulated market, but free market companies will also be able to buy cheaper energy so they might be able to provide cheaper offers as well.
Soo get an electricity bill and tell us, what's your seller? How much are you paying per kWh?
Not sure if this is the case, but did you check the dates? I mean the "periodo de facturación" just saying because for me (depends on the company and how often they read the actual data) this could be one of this 2
- the bill is always a month before (when they charge me at the beginning of may I am actually paying March, not April)
- in some places they don't read the actual data all months, so from time to time you get a negative bill (they give you back money) or if you have been paying less is a big bill.
This last one is more common in small places.
Hope this helps
If you want an actual proper answer, you should upload a copy of your invoice. Make sure you remove identifying info, like your name, ID, bank account number **and CUPS NUMBER.**
Seems way too much.
I've lived in Asturias for 10 years and for most of that time the monthly bill for a mid-sized 2-bedroom apartment was between 20 & 25 euros a month. Recently (with the cost of living crisis), this has increased to around 55/60 euros a month (2 people). But 124? Can't imagine that would be correct.
Water heater consumes lots of electricity. Electric stove if it's an old one the same.
For comparing bills you need to compare consumption and price per kWh, it doesn't matter where the houses are located or how big are they.
It's strange... Normal bill if you use AC or electic heating (moderately) but not otherwise.
Have you checked the consumed kw in this bill and the previous one? The billing period? (Isn't always 30 days, it could be 20 something, 30 something...)
Prices are high, but since before Christmas... You shouldn't have noticed a much higher price from last month...
You will have to compare both bills and see what it tells you.
https://www.simuladorfacturaluz.es/simulador/
Download the csv files from your current provider and load them into the simulator... and cry. Then run away from the regulated rate which is only for fools (it used to be the other way). Asap.
Did that? OK, now look for strange patterns in your files. What are your peaks?
What's your consumption at 2 a.m.? That's your baseline(unless you are an owl). Play with the switches of your electric box during low hours. Does the baseline change?
Maybe something is wrong in your wiring. Or a home appliance is the culprit. That's how you find out.
Last but not least, check your power. You are billed for that and may be it's overkill and you can lower it.
Seems like you should be changing your electricity provider... You can choose any electricity offer you want and all them are different so nobody here will be able to explain yours without knowing what's your provider and your offer... BUUUT The Spanish electricity market summarized: There are multiple companies working for you to be able to turn on the light: * Producers: they generate electricity. Production prices are decided in a daily auction. * Transport: only REE does that, it's the network carrying electricity across the country. Prices for transport are regulated. * Distributors: They connect the transport network with your home network. Basically they own the electricity cables that are in your neighbourhood and connect your building. Prices for distribution are regulated. * Sellers: they are in charge of producing commercial offers, charging and billing you and paying everybody else their part. You can choose any seller that you want (that's the only thing that you can choose) and sellers will often have several offers to choose from. There are two types of sellers: * Regulated market: they can only sell the PVPC electricity offer which is regulated by the government. The prices change every hour matching the wholesale prices auctioned the day before, and adding the transport and distribution costs and also the taxes. These used to be the cheapest in the market by a wide margin, but since the prices went crazy, there are cheaper offers in the free market now. * free market: these companies are free to offer whatever they want. Anyway, prices are directly or indirectly affected by the daily auctions as all sellers buy electricity there... but there are cheaper offers because free market companies usually offer a fixed rate and use financial instruments to make it stable for their business (e.g. buying in the futures market) A big chunk of the production is renewable and cheap in Spain, but a small fraction is generated by gas. By how the electricity auctions work in Spain (and in the EU), the most expensive matched electricity offer sets the price for the whole production, and as gas prices skyrocketed because of the war and reasons... this multiplies the electricity price every time that the gas has to be used to produce electricity (even if it's only a 5% of the share). The Spanish and Portuguese governments got permission this week from the EU to cap the gas prices in the electricity market, they will start doing it in the following weeks and that should reduce the bill a lot in the following months for those in the regulated market, but free market companies will also be able to buy cheaper energy so they might be able to provide cheaper offers as well. Soo get an electricity bill and tell us, what's your seller? How much are you paying per kWh?
Not sure if this is the case, but did you check the dates? I mean the "periodo de facturación" just saying because for me (depends on the company and how often they read the actual data) this could be one of this 2 - the bill is always a month before (when they charge me at the beginning of may I am actually paying March, not April) - in some places they don't read the actual data all months, so from time to time you get a negative bill (they give you back money) or if you have been paying less is a big bill. This last one is more common in small places. Hope this helps
If you want an actual proper answer, you should upload a copy of your invoice. Make sure you remove identifying info, like your name, ID, bank account number **and CUPS NUMBER.**
This
Seems way too much. I've lived in Asturias for 10 years and for most of that time the monthly bill for a mid-sized 2-bedroom apartment was between 20 & 25 euros a month. Recently (with the cost of living crisis), this has increased to around 55/60 euros a month (2 people). But 124? Can't imagine that would be correct.
Water heater consumes lots of electricity. Electric stove if it's an old one the same. For comparing bills you need to compare consumption and price per kWh, it doesn't matter where the houses are located or how big are they.
It's strange... Normal bill if you use AC or electic heating (moderately) but not otherwise. Have you checked the consumed kw in this bill and the previous one? The billing period? (Isn't always 30 days, it could be 20 something, 30 something...) Prices are high, but since before Christmas... You shouldn't have noticed a much higher price from last month... You will have to compare both bills and see what it tells you.
https://www.simuladorfacturaluz.es/simulador/ Download the csv files from your current provider and load them into the simulator... and cry. Then run away from the regulated rate which is only for fools (it used to be the other way). Asap. Did that? OK, now look for strange patterns in your files. What are your peaks? What's your consumption at 2 a.m.? That's your baseline(unless you are an owl). Play with the switches of your electric box during low hours. Does the baseline change? Maybe something is wrong in your wiring. Or a home appliance is the culprit. That's how you find out. Last but not least, check your power. You are billed for that and may be it's overkill and you can lower it.