Switching electricity suppliers may seem like a complicated process, but this decision can translate into significant savings at the end of the year. In January 2025, several companies in the liberalized market are selling cheaper electricity compared to the regulated market reference price, which is 16 cents per kWh.
According to information on the website Savings Accountssix companies stand out for presenting more competitive prices: Galp (13.77 cents), Endesa (15.08), Plenitude (15.33), JAF Plus (15.41), EZU (15.99) and G9 ( 15.99). These rates are especially attractive compared to the regulated market, where prices have seen a slight increase, he explains.
How to find the best rate?
The key to saving on your electricity bill is constantly monitoring the offers available on the market. The ERSE (Energy Services Regulatory Authority) simulator is a useful tool that allows you to compare prices and conditions between suppliers. However, it is important to check directly with the companies, as prices shown in simulators may not reflect actual offers.
Before opting for a change, consumers can try to renegotiate with their current supplier. In many cases, the threat of switching to competition is enough to obtain more favorable conditions, sometimes even better than those proposed by other companies.
Factors to consider
When evaluating tariffs, it is essential to include all fees, potential discounts and contracted power in the calculation. For consumption greater than 200 kWh/month, the price per kWh must be the main decision criterion. Smaller companies or partnerships with associations, such as ACP, can also offer very competitive rates.
Changing is simple and effective
The process of changing supplier is simple and managed by the new company chosen, without interruptions in service. The electricity supplied is the same in all companies, with the difference being exclusively in the price.
With attention to the market and the right strategy, it is possible to find the cheapest electricity and save hundreds of dollars annually, without compromising the quality of service.
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