Repsol Tariff Bands: Tariff 3 – Fixed-price bands for each period
Repsol’s Time-of-Use Tariff is designed for households looking to optimise their energy consumption and reduce their electricity bill by shifting their electricity use to the cheapest times of day. This tariff sets variable prices according to three time bands: off-peak hours (from 00:00 to 08:00 and all day at weekends and on public holidays), when the price is lowest; standard hours (from 08:00 to 10:00, from 14:00 to 18:00 and from 22:00 to 00:00), with an intermediate cost; and peak hours (from 10:00 to 14:00 and from 18:00 to 22:00), which are the most expensive.
| Power P1 | 0.082 €/kWh |
|---|---|
| Power P2 | 0.082 €/kWh |
| Punta Energy | 0,169 €/kWh |
| Llano Energy | 0,169 €/kWh |
| Valle Energy | 0,085 €/kWh |
| Surplus Solar Energy | There is no surplus |
| Services | No |
La tarifa Repsol Tramos It is an electricity tariff with three distinct time periods, each with a fixed price per kWh. Unlike 24-hour tariffs, the price does not change every day, but it does depend on the time of day when you use electricity.
It is designed for users who can adjust part of their consumption to specific times of day and wish to take advantage of different prices depending on the time slot, without being exposed to the volatility of the wholesale market.
How does Repsol’s three-tier tariff work?
This tariff divides the day into three time periods (peak, standard and off-peak), each with its own fixed price:
- Each section has a fixed price; it does not vary from hour to hour.
- The cost per kWh depends on the time of day when the electricity is used.
- The timetables for each section are regulated and are the same for all transport operators.
- It allows you to optimise your spending by concentrating your consumption on the cheapest price bands.
There are no surprises when it comes to daily market rises, but there are clear differences between trading sessions.
Who is this tariff a good option for?
This tariff is particularly well suited if:
- You can time part of your consumption to specific times of day.
- You use energy-intensive appliances (washing machine, dishwasher, water heater, electric car charging).
- Do you use more electricity at night or in the early hours of the morning?
- You’re looking for potential savings without having to put up with the volatility of an index-linked tariff.
- You understand and accept the logic behind the time slots.
It is a middle ground between a 24-hour flat rate and an index-linked tariff.
Key benefits of the Repsol Tramos tariff
Fixed price for each period
Each section has a fixed price, which provides predictability within each time slot.
Potential savings through lifestyle choices
If you concentrate your consumption during the cheapest period, the average cost may be lower than that of a 24-hour tariff.
Lower exposure to the daily market
It is not dependent on the hourly price on the wholesale market, which reduces volatility.
Suitable for organised households
It works well when there is a genuine capacity to shift consumption to off-peak hours.
Points to bear in mind before signing a contract
Requires attention to timetables
If you use electricity irregularly or mainly during peak hours, it may work out more expensive than a 24-hour flat-rate tariff.
It’s not quite as straightforward as a 24-hour race
It involves understanding the time slots and adapting your habits to make the most of them.
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Questions? We answer them
The price per kWh with Repsol varies depending on the tariff plan you choose and the time of day you use electricity. Under its index-linked tariff, which tracks the daily wholesale market price, the cost can range from 0.12 €/kWh to 0.30 €/kWh depending on whether it is peak, off-peak or super-off-peak. For customers looking for stability, Repsol also offers a fixed tariff, which guarantees a fixed price of around €0.18/kWh for the first year, thus avoiding unexpected market price rises.
Furthermore, when you sign up for Repsol’s Electricity and Gas Tariff via a tariff comparison site, you can access discounts for instalment payments and welcome offers that further reduce the effective cost per kWh. It is advisable to check the comparison site to see price trends in real time and assess whether the Electricity and Gas Tariff or the index-linked model best suits your consumption profile and your energy-saving needs.
The Organisation of Consumers and Users (OCU) regularly updates its studies on electricity tariffs and, in its latest report, ranks companies such as Lucera, Holaluz and Podo among the most economical, thanks to their 100% renewable energy options and competitive prices during off-peak hours. These suppliers stand out for offering attractive fixed prices and discount schemes for direct debit payments, which reduce the monthly bill even further.
However, the OCU also recommends reviewing the full report each year and using electricity tariff comparison tools to check the actual terms and conditions of each offer. The balance between daily consumption, contracted power and time-of-use bands may mean that another supplier is cheaper for your specific situation, so it is always advisable to analyse the tariffs in your area in detail before making a decision.
Determining which company offers the cheapest electricity tariff depends on factors such as consumption patterns, peak and off-peak times, and the contracted power capacity. Generally speaking, smaller electricity suppliers such as Lucera, Podo and Holaluz tend to top the rankings thanks to their leaner cost structure and their renewable energy offers. These companies combine index-linked or fixed prices with payment and loyalty discounts that can reduce your bill by up to 15 per cent in the first year.
However, major operators such as Endesa and Iberdrola also offer competitive tariffs (for example, Iberdrola’s Tarifa Tempo Happy or Endesa’s One Luz) that include bonuses for off-peak usage and online management tools. The best way to find the most economical option is to use a specialist tariff comparison tool that matches your consumption history with current market offers and suggests the best option based on your household profile.
The comparison between Repsol and Iberdrola depends on the type of tariff: if you’re looking for a stable price, Repsol’s ‘Tarifa Luz y Gas’ at €0.18/kWh (first year) may work out cheaper than Iberdrola’s ‘Tarifa Tempo Happy’, which has a fixed price of around €0.20/kWh. However, Iberdrola offers discounts of up to 10% if you concentrate your consumption during off-peak hours, which benefits households with night-time usage patterns or those able to shift a significant portion of their electricity demand.
Meanwhile, under the index-linked tariff model, both suppliers match the daily PVPC price but apply different management fees: Repsol usually applies a margin of around 5%, whilst Iberdrola typically sets it at around 3.5%. Therefore, if your consumption is concentrated during off-peak hours and you qualify for Iberdrola’s promotions, it may be more cost-effective than Repsol’s index-linked tariff. The best approach is to use an electricity tariff comparison tool to enter your consumption profile and receive the cheapest option between the two in a matter of seconds.
