Does Andorra have a competitive electricity market?

Although Andorra is very dependent on the outside world in terms of energy, its electricity market is quite competitive.

Why is electricity cheaper in Andorra compared to other countries?

As in Andorra the special taxes are low compared to other countries, electricity is more affordable and the price of electricity is lower.

Did Andorran raise the price of electricity in 2022?

The Andorran electricity company finally raised the price of electricity in 2022. The increase in prices and volatility in the European energy markets as a result of the geopolitical context, have made a rate increase inevitable.

How much does electricity cost in Spain?

In average monthly terms, the electricity bill in Spain was 62.33 euros in 2019, 56.28 euros in 2020 and 79.11 euros in 2021. 4 Why is electricity so cheap in Andorra? In Andorra, electricity is monopolized by a parastatal company called FEDA (Electric Forces of Andorra).

Why did Feda decide to keep electricity in Andorra for 2022?

It is due to a series of factors and commitments carried out by FEDA and the Government of Andorra. First, decided to keep the price of electricity the same than in 2020, and the intention is that it will also be maintained for 2022. Basically to support families and companies that are affected by the economic and social crisis caused by COVID-19.