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SME Commitment Plan
 

We help you save money with a 5% discount on electricity consumption
Iberdrola, SME Commitment Plan: discount on electricity usage

Offer, Conditions ...

Offer: SWITCH TO SAVING AND ENJOY A 5% DISCOUNT ON YOUR ELECTRICITY BILL FOR 12 MONTHS

SME Commitment Plan is our electricity offer for businesses with power greater than 10 kW. With this offer you will also enjoy a 5% discount on your electricity consumption for 12 months.

Don't miss this opportunity. Come to Iberdrola before 30th June 2015 and enjoy this discount.

In addition, with our Fixed Rate service you have 12 instalments a year can choose the rate and the payment day, so you always know when and how much you will pay for your electricity bill.

Conditions: ECONOMIC CONDITIONS OF THE SME COMMITMENT PLAN

Discount of  5% on the energy charge for electricity, for the first twelve (12) months of the contract period.

Contracts with IBERDROLA CLIENTES, S.A.U. for Low-Voltage electricity supply points with contracted power greater than 10 kW.

Offer valid for consumers with up to three supply points. Offer not applicable to Public Administrations and Official Bodies.

Electricity offer subject to a mandatory period of 12 months, otherwise, the penalties described in the section Contract Duration shall apply.

There is no discount applied to the prices indicated on the table. 

Indirect taxes Footnote (1), the electricity tax (5.11269632%), reactive energy and all other billing items shown shall be added to these prices.

The electricity prices in this bid include the cost of the new regulated value of interruptibility demand management established by Order IET/2013/2013 dated 31 October. The amount included has been calculated in accordance with the result of the auctions for allocation of the interruptibility capacity held before 31/12/2014, as well as the monthly forecasts of Red Eléctrica de España regarding electricity demand, and the grid loss forecasts available as of 31/12/2014. This amount will be updated automatically in accordance with the results of the new auctions for allocation of the interruptibility capacity and the new monthly forecasts of Red Eléctrica de España regarding electricity demand, with their corresponding losses calculated as an arithmetic mean per access charge period for the best hourly loss coefficients available at the time of updating.

Energy will be billed as the product obtained from multiplying the energy charge by usage in the relevant period. The exemptions and excess usage surcharges that the government establishes for the Voluntary Price for Small Consumers shall also be applied.

Power shall be billed as the product of the billing term for the contracted power. Should power required exceed contracted power at any time of day, all the aforementioned excesses recorded during each period shall be billed in addition, as per article Footnote (2) establishing tariffs for access to electrical energy transport and distribution networks.

Reactive energy, where appropriate, shall be billed by applying the reactive energy billing charge that the government approves, as established in current regulations. The electricity tax (5.11269632%) shall be applied to this charge.

The monthly rental price for the electricity meter shall be established by the Ministry of Industry, Energy and Tourism for the corresponding access rate, and charged by the distribution company. Indirect taxes not included Footnote (1) shall be added to this price, which will appear on the bills issued to the customer. The customer can check the current prices at any time on this website.

Conditions: DURATION OF THE CONTRACT

The duration of the contract is 12 months from the supply start date.

The start date, subject to the existence of an access contract signed with the distribution company and to installations modification where necessary, shall be the first day of the established reading period, which will be shown on the first bill.

The contract may be extended for annual periods in accordance with the General Conditions.

On voluntary unilateral termination of the Electricity Contract by any party before the first extension has commenced, the terminating party must pay the other party compensation equivalent to 5% of the Contract price for the estimated energy pending supply notwithstanding the Client’s faculty to seek redress for substantiated damages borne as a direct consequence of Iberdrola’s opting to terminate.

If termination occurs during the extension period (after the first year), no penalty will be applied unless the terminating party fails to convey its intentions to the other party at least 15 days prior to the effective cancellation of the supply.

Conditions: GENERAL CONDITIONS

The contracted prices shall be updated as per the variation corresponding to the RPI Footnote (3) on 1 January of each year for the duration of the contract.

Any upward or downward variations in the access rates and tolls, fees and the regulated items that the government approves for application during the term of the contract will be applied, based on current legislation which can be consulted at:

Under section 3.2 of the General Conditions, the application of the promotions described herein shall be conditional on the service contract running throughout the indicated period. The Customer shall forfeit the right to receive the applied discounts and promotions in the event of early termination of the Contract.

Likewise, should the Customer request the cancellation of any of the energy supplies (electricity and/or gas) and/or of any of the service contracts (Gas Maintenance Service and/or Electrical Emergencies Service), the application of any discount or promotion being offered on gas and/or electricity fixed charges shall be discontinued immediately.

Conditions: WELCOME PROMOTION

 

Footnotes:

  • Note(1)

    The Economic-Fiscal System of each autonomous region will be applied (rates subject to Government-approved variations, which are currently: VAT on the mainland and Balearic Islands, at 21%; IGIC on the Canary Islands, comprising 3% for energy and 7% for other concepts; IPSI in Ceuta and Melilla at 1%).

  • Note(2)

    Spanish version.

  • Note(3)

    RPI: Actual accrued value for the November-to-November period of the year prior to the application of the variation of the General Consumer Price Index published by the National Statistics Institute of Spain.

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