The most common electricity price in Madrid
Electricity in Madrid is one of the most expensive in Europe, as opposed to the price of water, which is one of the cheapest and highest quality. Therefore, it is convenient to know the price structure.
Many foreign residents do not know how electricity rates work in Spain; they come from other cultures and habits. For example, in the use of air conditioning, which is usually left connected throughout the day, the electricity bill is high.
Price normally depends on the time it is consumed, so it is good to know that consumption is distributed in three bands: peak (red), valley (blue), and super-valley (green), and in each time band it will have a different price. Consumption in a super-valley is normally the most economical.
A good practice is to unplug unnecessary devices if you go on vacation.
More information for owners and investors in Real Estate
Learn more about the Real State in Madrid, key steps to buying a house in Madrid, that the highest returns are obtained from apartments to be renovated and the three rental formulas. We have a post about the importance of a good Property Manager who accesses different types of clients and channels.
We market our stock through B2C, B2B channels, moving agencies, relocation, travel, and our own channels with apartment listings for companies and students. We have apartments by days next to the Castellana behind the Intercontinental Hotel and near the Miguel Angel Hotel.