The average price of electricity for this Saturday, May 2, 2026 is 89.82 euros per megawatt hour (euros/MWh) for consumers with a regulated or indexed tariff contracted in the free market, according to data published by Red Eléctrica. In this way, the May long weekend continues the downward trend with a decrease of 35.78%, which It is equivalent to 50.05 euros less than this Friday.
It should be noted that this amount refers to the Voluntary Price for Small Consumers (PVPC), which is different from the one published at midday by the Iberian Energy Market Operator (OMIE) and which shows the average price of electricity in the wholesale market.
The difference is that the PVPC that affects consumers with a regulated or indexed rate includes concepts such as access tolls, system charges or electricity system adjustment costs, using the wholesale market price as a base.
This means that the wholesale market would be like the original price of electricity and the PVPC is what the consumer pays, and is regulated by the Government.
What time is electricity cheaper today, Saturday, May 2?
The cheapest hour of electricity will take place from 3:00 p.m. to 4:00 p.m. at a price of 33.01 euros/MWh. The cheapest time slots will be those that appear at noon and early afternoon, so it is good to keep this in mind to start up the most expensive appliances.
When is electricity most expensive?
The maximum price of electricity will occur from 00:00 to 1:00 a.m., when it will be paid at 104.94 euros/MWh. The most expensive hours will be in the early morning and late at night.
Price of electricity per hour Saturday, May 2
To take advantage of the best times of the day when electricity is cheaper, the price of electricity must be taken into account hour by hour during the 24 time slots. This is the price of electricity per hour for this Saturday, May 2, 2026 if you have a regulated or indexed rate in the free market.
- 00:00 to 01:00: 140.94 euros/MWh
- 01:00 to 02:00: 139.46 euros/MWh
- 02:00 to 03:00: 127.12 euros/MWh
- 03:00 to 04:00: 113.87 euros/MWh
- 04:00 to 05:00: 114.70 euros/MWh
- 05:00 to 06:00: 115.41 euros/MWh
- 06:00 to 07:00: 113.55 euros/MWh
- 07:00 to 08:00: 111.02 euros/MWh
- 08:00 to 09:00: 114.91 euros/MWh
- 09:00 to 10:00: 92.75 euros/MWh
- 10:00 to 11:00: 60.56 euros/MWh
- 11:00 to 12:00: 39.34 euros/MWh
- 12:00 to 13:00: 34.23 euros/MWh
- 1:00 p.m. to 2:00 p.m.: 33.11 euros/MWh
- 14:00 to 15:00: 33.22 euros/MWh
- 15:00 to 16:00: 33.01 euros/MWh
- 16:00 to 17:00: 33.48 euros/MWh
- 17:00 to 18:00: 36.64 euros/MWh
- 18:00 to 19:00: 49.11 euros/MWh
- 19:00 to 20:00: 95.00 euros/MWh
- 20:00 to 21:00: 116.52 euros/MWh
- 21:00 to 22:00: 138.08 euros/MWh
- 22:00 to 23:00: 138.71 euros/MWh
- 23:00 to 24:00: 130.92 euros/MWh
80% of the claims that reach the Arbitration Boards are resolved in favor of the user
80% of electricity and gas claims that reach the Consumer Arbitration Boards are resolved in favor of users, according to the CNMC. This percentage is significantly higher than that obtained in the first instance from the companies themselves, where only between 38% and 41% of the claims are favorable.
In 2024, nearly one million customers complained about electrical problems and almost 388,000 complained about gas problems. When these complaints are not resolved satisfactorily, consumers can go to the Arbitration Boards, a free, fast system with mostly electronic procedures that avoids having to go to court.
Spain has 53 arbitration entities spread across different territorial levels. Although the vast majority of contracts are linked to alternative dispute resolution systems, their use remains limited. In these processes, the arbitration award is binding on both parties.
Recent regulations reinforce consumer rights, forcing companies to clearly inform about these mechanisms in contracts, invoices and websites. In addition, the CNMC is intensifying supervision to guarantee that companies comply with these obligations and facilitate access to these claim avenues.