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Heatwaves push up electricity costs in Spain: Cofidis study and supplier data show sharp rise

Spanish households’ electricity consumption rises noticeably in summer 2026: according to Gana Energía, it is up around 40 per cent in July and August, while the Observatorio Cofidis 2026 reports that 27.4 per cent of households…

The current spell of hot weather is driving up electricity bills in Spain. According to energy supplier Gana Energía household consumption in July and August is around 40 per cent higher than in the preceding months. The increase is attributed to greater cooling needs during recurring olas de calor. At the same time, the Observatorio Cofidis 2026: 27.4 per cent of households have recently taken steps to improve energy efficiency; a further 42.4 per cent are considering doing so in the near future.

In view of the continuing heat, some Spanish media have referred to it as the “Iberian oven“. This translates into higher cooling capacity through fan-assisted solutions and, above all, through air conditioning down. Reliable guidance is available on the cost implications: drawing on expert estimates, La Vanguardia puts the possible extra cost of intensive air-conditioning use at around 50–60 euros per month when appliances run for many hours a day. The outlet AS also points to the familiar effect whereby each additional degree by which the target temperature is lowered noticeably increases electricity consumption.

The Cofidis survey puts household responses in context: low-cost measures such as shading, night-time ventilation and moderate target temperatures are the first to be adopted; investment in more efficient appliances and insulation also plays a role. According to the study, households are also checking tariffs and suppliers more frequently to cushion price spikes.

The increase in consumption reported by Gana Energía relates to its own customer base and the period under review; it is therefore an indicator, not an official nationwide figure. The estimate of 50–60 euros also depends on appliance type, efficiency rating, room size, length of use and tariff structure, and represents a range. Regardless, both findings point to a robust pattern: exceptionally hot summer months significantly increase household electricity demand in Spain — and strengthen the incentive to realise efficiency gains.

Implications: In the short term, electricity bills remain heavily dependent on the weather, daily prices and usage patterns. In the medium term, energy-efficiency renovations and more efficient cooling technology could ease peak demand. For consumers, the key is to use cooling appliances as needed and choose realistic target temperatures to balance comfort and costs.

Editor: Andreas M. Brucker (Article created with AI assistance).

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