Iberdrola electricity contract

Having read the recent posts, I am puzzled that some posters say they are on the old contracts, and others say they are on the new 3 period contracts. Is perhaps the critical factor whether the original contract is "con permanencia" or "sin permanencia"? Can anyone confirm this?

mdh wrote:Having read the recent posts, I am puzzled that some posters say they are on the old contracts, and others say they are on the new 3 period contracts. Is perhaps the critical factor whether the original contract is "con permanencia" or "sin permanencia"? Can anyone confirm this?

If you were previously on the

The Voluntary Price for the Small Consumer (VPSC) contract which is the price-setting mechanism used by the government since 1 April 2014. With this contract, the price of electricity is calculated on a daily and hourly basis, according to the prices of the daily energy produced, then this has changed for all those customers to 3 periods. Iberdrola use their other company to Bill this called Curenergia. However many other suppliers also had this contract.