Frank Energy Tariff

Discover Frank Energy's Indexed Electricity Tariff: Transparency, Savings and 100% Renewable Energy

At Frank Energy, we offer you a unique electricity tariff designed to suit your needs, with full transparency and commitment to savings. Our indexed tariff is based on three main components:

• Hourly electricity consumption (kWh): You pay the real wholesale market price, without commissions or additional premiums.
  
• Contracted power (kW/day): Based on the official BOE price, guaranteeing that you pay only what is fair.
  
• Fixed monthly fee: 6 euros per month, to cover our management costs.
  

First of all, a bit of context

According to the Spanish Electricity Grid (REE), a household consumes on average 9 kWh per day (about 270 kWh per month). This consumption is distributed in the following way in a tariff with hourly discrimination:

• 24% during peak hours.
• 26% in flat hours.
• 49% in off-peak hours.

With an indexed tariff like ours, you can save by optimising consumption with our smart services in off-peak and flat hours. Compared to fixed tariffs, you will avoid overpaying in these time slots, where most of the electricity consumption is concentrated.

So, what is an indexed electricity tariff?

Indexed tariffs are linked to the price of the Iberian Electricity Market, where prices vary every hour. This means that every day you have 24 different prices, reflecting the fluctuations of the market in real time.

Unlike fixed tariffs, where marketers add a risk premium to cover possible market rises, with an indexed tariff you pay for electricity at cost price.

This model allows you to benefit from lower prices when the market is in your favour.

You're probably already asking yourself...

What is the difference between a fixed rate and an indexed rate?

• Fixed tariff: You pay a fixed price per kWh, set by the supplier. It includes a risk premium to cover market fluctuations.
  
• Indexed tariff: You pay the real wholesale market price, without premiums. Thanks to our Smart Services we are able to play with the different electricity prices, allowing our customers to have more hours of electricity at a lower price when the price is as high as possible.
  

Advantages of our Frank Energy indexed tariff

• You pay market price for electricity: If prices go down, you pay less too.
  
• Total transparency: You know exactly what our profit margin is, no bonuses or surprises.
  
• You are not overpaying for around 60% of your consumption: In a fixed price electricity contract, you pay more in the off-peak hours (from 00:00 to 20:00, weekends and holidays) and in some of the flat hours. With Frank Energy you pay a price in line with reality.
  
• Renewable energy: Our energy comes from wind and solar sources in Spain.
  
• Proven savings: According to recent data, market prices have been 20.3% lower compared to fixed contracts over the last seven quarters. In addition, our smart services help you maximise your savings by optimising your consumption automatically, without headaches.
  
• Power at market price: One of the main sources of income in fixed contracts stipulates a power that is more expensive than the market price. In Frank Energy's tariff, the power price is the market price.
  
• Total freedom: In Frank Energy there is no permanence or penalty, if you are not satisfied with the service you can cancel your contract whenever you want.
  
  
• Free Smart Service: If you have solar panels, an electric vehicle or domestic batteries, with Frank Energy you have free Intelligent Services that optimise the consumption and savings of these products.
  

Conclusion

With Frank Energy, you will pay the right price for the electricity you consume, with total transparency and the peace of mind of knowing that you are using 100% renewable energy. Our commitment is to offer you a more economical, sustainable alternative, adapted to your needs.

Make the switch and start saving today with our indexed electricity tariff!