Posted: Thu Feb 5, 2026 6:11pm
No idea but I asked Octopus and they came up with 47 euro a month or 13 euro cheaper than my Iberdrola bill. Trouble is, that amount didn't change when I asked for the tax rate so i had to add the tax and the contracted power and the bill, using my Iberdrola usage for January, would have come to 4 euro more than my Iberdrola bill.
The only thing gone up with my bills has been the tax after the government put IVA back to 21% but that would be the same no matter which company you use.
We have had conversations like this many, many times over the past couple of weeks. It would be nice to compare those who have moved with those who have stayed with Iberdrola. We are a 3 bed, 2 bath semi detached with two of us living here permanently and several lots of visitors throughout the year. My average bill last year, on 5.75kw contracted. was 55 euro a month. Now IVA is up it is 60 a month with Jan, and a fair amount of heating, was 62.55 euro.
My Jan bill
ENERGY.............................................................................50,55 €
REGULATORY CHARGES ..............................................0,36 €
SERVICES AND OTHER ITEMS.....................................0,75 €
VAT.......................................................................................10,85 €
TOTAL 62,51€
On-peak 5,75 kW x 28 days x 0,091996 €/kW day 14,81 €
Off-Peak 5,75 kW x 28 days x 0,002757 €/kW day 0,44 €
Total power amounts to 22/12/2025 15,25 €
Energy consumed Non-promotional hours 128 kWh x 0,202904 €/kWh 25,97 €
Promotional hours 75 kWh x 0,091327 €/kWh 6,85 €
Total energy amounts to 22/12/2025 32,82 €
REGULATORY CHARGES
Fixed funding for subsidised rate 28 days x 0,012742 €/day 0,36 €
Electricity tax 5,11269632 % s/48,43 € 2,48 €
TOTAL ENERGY 50,91 €
SERVICES AND OTHER ITEMS
Meter equipment rental 28 days x 0,02663 €/day 0,75 €
TOTAL SERVICES AND OTHER ITEMS 0,75 €
TOTAL AMOUNT 51,66 €
IVA 21 % s/51,66 € 10,85 €
TOTAL 62,51 €
How do those on other companies compare? This is the choose your own 8 hour plan but, as you can see, we don't let that rule us but just use the washing machine, dishwasher and water heating in the promotional hours. If it gets hot, we put the aircon regardless of time of day. If cold we put the heating on regardless of time of day as we do with everything else.