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Spanish Competition Authority Proposes New Financial Return Rate for Electricity Networks

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The Spanish competition authority, CNMC, has proposed a new financial return rate of 6.46% for electricity networks, an increase from the previous rate of 5.58%. This change aims to enhance market competitiveness and consumer protection.

09.07.2025 | Spanish competition authority


The Comisión Nacional de los Mercados y la Competencia (CNMC), Spain's competition authority, has announced a proposed financial return rate of 6.46% for electricity networks. This marks a significant increase from the previous rate of 5.58% established during the last regulatory period.

This adjustment is part of CNMC's ongoing efforts to ensure effective competition in the energy sector, which is crucial for both consumers and businesses. By increasing the return rate, the CNMC aims to incentivize investment in electricity infrastructure, thereby improving service quality and reliability.

The proposed rate is subject to public consultation, allowing stakeholders, including energy companies and consumer groups, to provide feedback. The CNMC emphasizes the importance of maintaining a balance between encouraging investment and protecting consumer interests in the energy market.

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