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Electricity Providers in Portugal

Portugal's electricity market is deregulated — you can choose your provider. Most expats default to EDP because it's the incumbent, but you can often save 10-20% by switching. Here's how the main providers compare.

How to choose

You need your CPE code (on your current bill or rental contract) to switch providers. Switching is free and takes 5-10 business days. Your physical connection stays the same — only the billing changes.

EDP

Portugal's largest energy company. The default provider for most homes. Reliable but not the cheapest.

€€€

Pros

  • +Largest network, offices everywhere
  • +English-speaking support line
  • +App for bill management
  • +Green energy options

Cons

  • -Usually 10-15% more expensive than competitors
  • -Customer service can be slow

Best for: People who want the safe, established option

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Endesa

Spanish-owned provider with competitive pricing. Growing fast in Portugal.

€€

Pros

  • +Often cheapest for standard plans
  • +Online-first experience
  • +Dual fuel (electricity + gas) discounts
  • +Fixed-rate plans available

Cons

  • -Fewer physical offices
  • -Support primarily in Portuguese

Best for: Price-conscious expats who are comfortable online

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Galp

Portuguese energy company (oil, gas, electricity). Good bundled deals if you also buy gas.

€€

Pros

  • +Strong bundled electricity + gas deals
  • +Galp Card loyalty program
  • +Solar panel packages

Cons

  • -Not always cheapest for electricity only
  • -Can be complex to compare plans

Best for: Homeowners who want bundled energy

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Iberdrola

Spanish multinational. Competitive rates, especially for high-consumption homes.

€€

Pros

  • +Competitive pricing for high usage
  • +Green energy focus
  • +Simple online signup

Cons

  • -Smaller presence in Portugal
  • -Limited English support

Best for: High-consumption households

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Luzboa

Lisbon's municipal energy company. Only available in Lisbon.

Pros

  • +Often cheapest in Lisbon area
  • +Local customer service
  • +Municipal backing

Cons

  • -Only available in Lisbon
  • -Newer, smaller company

Best for: Lisbon residents wanting the best local deal

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Insider Tips

  • Use ERSE's price simulator at simulador.erse.pt to compare exact costs for your usage
  • Your CPE code (starting with PT) is on your electricity bill — you need it to switch
  • Switching is free and your electricity never gets cut during the transfer
  • Fixed-rate plans protect you from price increases but may cost slightly more initially
  • Check if your rental contract specifies a provider — some landlords require you to keep theirs
  • Set up direct debit (debito direto) to avoid missed payments and late fees