Posted: Sun Feb 7, 2021 10:15am
I hate to burst your bubble but your electricity is still being supplied by Iberdrola, all you have done is changed marketeer to CEPSA who you are paying to pay Iberdrola on your behalf.
All of the companies that you see out there, Fenia, Energy Nordic, Siesta Energy, Syder, Iberdrola Clientes are what they refer to as marketeers here in Spain and are part of the unregulated market place, therefore they can charge what they like for electricity.
If you take your contract out with Iberdrola but in the regulated market the price is fixed by the government on a daily basis and is published at 8.30am every morning.
But Iberdrola Clientes etc don't want us to know about it as they don't make any money!
By the way, we have our own electrical company and I deal with all the contracting side of the business, so I deal with Iberdrola all of the time and I also check the regulated rate on a daily basis!