Let's see How to know what electricity rate you have contracted, so that you know how much do you pay per kW and how can you save you some money on your monthly bill. And with the entry of the new electricity bill In Spain, the different fare brackets and the increase of electricity price, there are many users who wonder what rate they have contracted and if they can save a few euros with each new bill.
How to know the contracted electricity rate and the price per kW
Index of contents
How to know the electricity rate
If you want to know the electricity rate that you have contracted, you will have to ask directly to the energy company that provides you with the service through its channels contact. Although you can also consult it through the electricity bill.
Thus, and although the information on the electricity bill varies depending on the company, the bill itself usually contains a section called access toll or similar, where two different pieces of information are offered, in addition to seeing if it is a PVPC or free market rate.
The first piece of information that can be extracted from this section is whether your rate is 2.0, 2.1 either 3.0. This figure varies depending on the kilowatts (kW) that are contracted. From each number the following information can be extracted:
- 2.0 | If you have contracted less than 10 kW (the case of the majority of homes in Spain.
- 2.1 | If you have contracted between 10 and 15 kW.
- 3.0 | If you have contracted more than 15 kW.
After the number will appear TO either DHA. The following information can be extracted from each nomenclature:
- TO | If the contracted electricity has a single rate for all hours of the day.
- DHA | If the contracted electricity is divided into two time sections with different rates, also called time discrimination rates.
In some cases the nomenclature may appear 2.0 DHS, which divides the rate into three time sections, very common in homes with electric cars.
How much is the kW worth
He price per kilowatt (kW) It depends on whether the electricity contract is part of the regulated or free market. Thus, while the regulated market determines a different price for each hour according to the demand for electricity (set by the wholesaler and supervised by the Government), the free market offers various types of rates, whether at a fixed price, by time discrimination or with an indexed price, all of them equivalent to the regulated electricity rate, through the Voluntary Price for Small Consumers (PVPC) with 24 prices for 24 hours a day.
That said, if you want to know how much you pay for electricity you must multiply the number of kWh consumed by the price (or prices if there is an indexed price or time discrimination) set by the company with which you have the contract.
Now you know how to find out what rate you have already how much do you pay per kilowatt/hour.
