Electricity bills for consumers on the regulated PVPC tariff remain similar to February's and 5% below March 2025's, despite the Middle East conflict. The government has offset rising costs with tax cuts effective from March 22. The average bill for a typical consumer is around 53.71 euros.
The electricity bill for a typical consumer with 4.4 kW power and consumption of 60 kWh peak, 70 kWh off-peak, and 120 kWh valley reaches 53.71 euros in March, per the CNMC simulator. This figure is nearly identical to February's 53.19 euros and 5% lower than March 2025's 56.29 euros.
The government has reinstated tax cuts amid the war in Iran and the Strait of Hormuz closure: VAT drops from 21% to 10%, the special electricity tax from 5.1% to 0.5%, and the tax on electricity production value is suspended, as per the BOE on March 21. Effective from March 22, these measures save up to 20 euros monthly for large households, according to utilities.
The average pool price stood at 41.5 euros/MWh, 22% below last year, driven by 65.1% renewable generation as of March 30. Spain weathers the crisis better than neighbors like France (64 euros/MWh), Germany (99 euros/MWh), or Italy (143 euros/MWh).
