Electricity prices
at historic lows

The cost optimisation measures that affect companies and self-employed workers that do not require investment and which are published in the BOE on 1 April last are as follows:

• Suspended supply, temporary cancellation of the electricity supply to the production centre. This is the least advisable option, since the subsequent registration of supply depends on the distributor. In principle, they are obliged to register again within 5 days, but the management must be done in person and will depend on their workload. This may result in a delay in the company’s return to business.
• Lower the power to the minimum. To do this, the best thing to do is to consult an installer so that he can certify the minimum power that can be contracted. It is important that we make a good power adjustment because by lowering it to the minimum, you think you are saving and you may be incurring an extra cost.

While the Alarm State lasts, power reductions for both companies and self-employed workers are not charged and can be carried out several times a year at no cost. However, under normal conditions, the contracted power can only be modified once a year and it always has a cost. In 5 days they are obliged to increase the power, this is done through telematic meters. There is no need to be present, so there is no risk of delay in the return of the company’s activity.

Additionally, some sales companies are taking other measures such as pausing the billing and the invoices generated during the alarm state would be fractioned to the following 6 months.