THE WAYPOINT SUR
A quick check to save you good money
The two prices on your bill
Spain cut electricity taxes in March when oil prices spiked. On 1 June, they snapped back: IVA returned to 21% and the electricity tax to 5.1%, so the bill arriving this month covers your first full month at standard rates, just as the AC season opens. Confirmed July 2026.
That jump is the price everyone talks about. It is set by law, it is the same percentage for everyone, and there is nothing you can do about it.
There is a second price on the same bill. That one is set by how long it has been since you last looked.
How the market is actually built
You do not choose the company that delivers your electricity. The distribuidora — the grid company that owns the wires and your meter is a regulated regional monopoly; on the Costa, that is e-distribución, part of the Endesa group. It reads the meter, fixes the outages, and is identical for you and your vecino, regardless of whose logo is on the bill.
The only thing you choose is the comercializadora — the supplier that bills you. It sells no better electrons. It sells a contract: the per-kWh rate, the standing charge, and the terms.
Which means you cannot make your electricity worse by switching. There is no worse electricity. There is only a worse contract.
The gap between contracts is real money, though. The regulated tariff, PVPC — the government-set price that moves hour by hour — has run at roughly €0.10 to €0.20 per kWh this year; fixed free-market contracts sit at around €0.14 to €0.18. That gap is the margin layer, and our read is that the margin quietly tracks one variable above all others: how long since you last checked. Promotional pricing is funded by customers who set something up years ago and never looked at it again.
Here is the arithmetic June changed. Spain levies both taxes on the total energy charge, including the margin. Before June, €100 a year of excess margin cost you about €110 after tax. Now it costs about €127. The restoration raised more than your bill: it raised the cost of every euro you were already overpaying.
Why you never checked
Not checking was never laziness. Almost every "are you overpaying?" checker you have met was an affiliate funnel: the answer was free because the recommendation was the sale. In a market where the verdict and the commission come from the same place, declining to look is a reasonable defence.
So we built the one we wanted to exist.
Check your bill in a minute
Run your latest bill through the WaypointSur contract check. Upload the PDF; your browser reads it, the file never leaves your device, and only the figures you confirm are sent. A minute later, you know whether your contract sits above the reference for your usage, and whether switching is worth the bother.
It earns us nothing whether you switch or not. That is the point of it.
If it says you are fine, you have bought yourself a year of not thinking about this. If it says you are overpaying, a switch is free, takes 15 to 21 days, and lands before the August bills. The wires, the meter, and the crew who turn up when the power goes out do not change.
If you want to understand every line on the bill first, our explainer walks through them: Spain electricity bill, explained. And if you would rather we look at it for you, reply to this email and we will.
Spanish-lite
potencia contratada — contracted power level: the kW ceiling you pay for every single day, used or not. Often set higher than the home ever draws, the quietest overpay on the bill.
factura de la luz — electricity bill: the PDF you are about to upload.
The bottom line
The law set one of the prices on your bill in June. Your attention sets the other. One of them can be checked in a minute by an instrument with no stake in the answer. We believe it’s worth a minute.
Not bad for a Monday — A. and the WaypointSur team, our own bills already through the machine, savings accruing.
