Iberdrola Smart Savings Plan Tariff

Absolutely. Most households have a contracted power term of between 3 and 7 kW. In specific cases of higher consumption, for example, if you have a very powerful air-conditioning system or one that has to cover a lot of square metres, or a charging point for an electric vehicle, you may need more than 10 kW. In that case, these would be the prices applicable to your tariff.

With this plan, you will have a promotional price during your 8 hours of highest daily consumption, and a standard price for the rest of the day. You do not need to do anything, as the times of highest consumption are automatically selected based on your daily consumption and the lowest price is applied. Please note that it is not possible to change them manually, as they are set to ensure you get the best savings.

The price remains fixed for 60 months, with adjustments only for CPI or regulatory changes. You will pay no additional costs if you decide to switch to another plan.

No, we select the 8 hours of highest consumption on your contract each day and we apply the promotional price.

They cannot be changed, they are selected and automatically applied at a promotional price so that you obtain the best possible savings.

Yes, we are committed to maintaining your fixed price for 5 years with no commitment to a lock-in period. We will only pass on the CPI and the regulated items will be updated, upwards or downwards, in the event of any changes. Furthermore, our Customised Plans are flexible and you can change to a new Plan whenever you want, except from a Summer Plan to a Winter Plan and vice versa.

The contract has an initial term of 60 months (5 years), with automatic renewal for annual periods. During this time, the price remains fixed, and there is no lock-in period, allowing you to change plans without penalty whenever you wish.

Yes, you will need this type of meter for all Customised Plans except for the Stable Plan and the 3 Period Plan. This is because we need to remotely receive your hourly consumption in order to bill you more cheaply for the hours when you have a promotional price.

Yes, electronic billing is included. It is fast, secure (with full legal validity), convenient, ecological and free of charge. This will make your operations easier and help reduce CO₂ emissions.

Yes, our Made to Measure Plans help you to reduce your C02 emissions, since they consist of 100% renewable energy, certified with guarantee of origin. We obtain this certificate through the Spanish Markets and Competition Commission (CNMC), which validates that the electricity we supply to you is sustainable.

To sign up for Smart Savings Plan rate, you just need:

• Be the holder of an electricity supply contract.
• Fill in the sign up form with your personal data, Universal Supply Point Codes (CUPS) and bank details.
• Have a smart meter, which is necessary to identify your peak consumption hours and apply the promotional price.
• Activate electronic billing, which you will receive free of charge, securely and ecologically in your email.

Signing up for Iberdrola's Smart Savings Plan is a quick and easy process that you can do through your preferred channel:

1. Access Iberdrola’s website.
2. Select the Smart Savings Plan.
3. Fill in the sign up form: personal data, supply address and bank details.
4. Review and accept the contract general terms and conditions.
5. Sign the contract electronically.
6. Confirm the contract and ready to go!

You can also sign up by telephone or at an Iberdrola shop, where an advisor will help you through the process.

The promotional hourly rate shall apply to a maximum of 70% of the energy billed per billing period. In the event that the energy consumed in the promotional hours per billing period exceeds 70%, the price of the promotional hours will be applied to 70% of the billed energy and the price of the non-promotional hours to the remaining energy. Likewise, in cases where the hourly load curve for a specific period is not received from the Distributor, the price of promotional hours will be billed at 70% of the energy and the price of non-promotional hours will be billed for the remaining energy.