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What Are the Best Energy Providers in Portugal? (2026)

By Jules de Bruin, Market ResearcherUpdated August 17 2026 | Found helpful by 7 others

Updated August 2026. The cheapest suppliers for a 1,900 kWh/year profile are G9 Energy, Endesa Digital, and Goldenergy Digital. For 100% renewable energy, Coopérnico, Endesa Digital, and EDP Comercial Verde stand out. If you prefer wholesale market pricing, choose tariffs indexed to OMIE. All prices are from August 2026 and require a NIF and IBAN.

Which suppliers are the cheapest?

The cheapest fixed tariffs for a typical apartment profile are from G9 Energy, Endesa Digital, and Goldenergy Digital. The saving against the regulated tariff can exceed EUR 50 per year.

G9 Energy

G9 Energy +Vantagem Luz (fixa)

4.4

The free market's cheapest kWh: 0,1348 EUR

Get this tariff
Price per kWh
EUR 0.13
Standing charge
EUR 164.18/year (EUR 0.45/day)
Estimated annual cost
EUR 397.41
Contract
no contract
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • 3.45 kVA capacity at EUR 0.2244 a day, among the lowest
  • No lock-in
  • Also sells natural gas on the same bill

Cons

  • A small brand with support only on working days
  • The discount requires electronic billing
  • Support and bills in Portuguese only

Endesa

Endesa Tarifa Digital Luz (100% verde)

4.5

EUR 0.1399 per kWh, among the cheapest with a permanent discount

Get this tariff
Price per kWh
EUR 0.14
Standing charge
EUR 271.46/year (EUR 0.74/day)
Estimated annual cost
EUR 439.99
Contract
12 months
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • Certified 100% renewable electricity
  • No lock-in and no compulsory direct debit
  • A 20% discount for as long as you stay, not a promotion

Cons

  • Sign-up and account management are online only
  • An above-average capacity charge, EUR 0.3079 a day at 3.45 kVA
  • Customer support is mostly in Portuguese

Goldenergy

Goldenergy Digital (DD+FE)

4.3

EUR 0.1399 per kWh on 100% renewable energy

Get this tariff
Price per kWh
EUR 0.14
Standing charge
EUR 226.26/year (EUR 0.62/day)
Estimated annual cost
EUR 444.63
Contract
no contract
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • The natural gas standing charge is waived
  • No lock-in
  • A Portuguese company with award-winning customer support

Cons

  • The full discount requires direct debit and electronic billing
  • The price is reviewed once a year, usually in January
  • Support in Portuguese only

Goldenergy

ACP-Goldenergy Tarifa ACP+, ACP members only (Portugal)

4.1

A kWh of 0,1269 EUR, the market's cheapest fixed rate

Get this tariff
Price per kWh
EUR 0.13
Standing charge
EUR 111.47/year (EUR 0.31/day)
Estimated annual cost
EUR 412.84
Contract
no contract
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • Electricity 100% from renewable sources
  • Needs neither direct debit nor electronic billing
  • An off-peak rate of 0,0799 EUR/kWh for electric vehicles

Cons

  • ACP membership from EUR 58.80 a year wipes out the saving at low consumption
  • Open only to Automóvel Club de Portugal members
  • Plus 0,0020666 EUR/kWh funding the social tariff

Ibelectra

Ibelectra Solução Segura, direct debit and e-billing (Portugal)

4.0

One of the cheapest 3.45 kVA capacity charges, EUR 0.2268 a day

Get this tariff
Price per kWh
EUR 0.15
Standing charge
EUR 82.78/year (EUR 0.23/day)
Estimated annual cost
EUR 427.95
Contract
no contract
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • Consistently among the 5 cheapest annual bills
  • Available with and without direct debit
  • An indexed Solução Família tariff exists

Cons

  • The discount depends on direct debit and electronic billing
  • Does not sell natural gas
  • A small brand with support in Portuguese only

Which suppliers are the greenest?

Green tariffs use Guarantees of Origin to certify 100% renewable electricity. Coopérnico is a non-profit cooperative, while Endesa Digital and EDP Comercial Verde combine competitive pricing with renewable origin.

Endesa

Endesa Tarifa Digital Luz (100% verde)

4.5

EUR 0.1399 per kWh, among the cheapest with a permanent discount

Get this tariff
Price per kWh
EUR 0.14
Standing charge
EUR 271.46/year (EUR 0.74/day)
Estimated annual cost
EUR 439.99
Contract
12 months
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • Certified 100% renewable electricity
  • No lock-in and no compulsory direct debit
  • A 20% discount for as long as you stay, not a promotion

Cons

  • Sign-up and account management are online only
  • An above-average capacity charge, EUR 0.3079 a day at 3.45 kVA
  • Customer support is mostly in Portuguese

EDP Comercial

EDP E-Digital (online-only fixed tariff)

4.4

Cheapest kWh of any large-brand fixed tariff

Get this tariff
Price per kWh
EUR 0.13
Standing charge
EUR 135.23/year (EUR 0.37/day)
Estimated annual cost
EUR 461
Contract
12 months
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • Same EDP billing and app infrastructure
  • 100% renewable energy

Cons

  • Online-only: phone support claims not to know this tariff
  • Power term rose sharply after promo period (0.2321 to 0.3705 EUR/day)
  • Price moves every few months; re-check before publishing

EDP Comercial

EDP Comercial Green Electricity, 15% consumption discount (Portugal)

4.3

100% green electricity with Guarantees of Origin

Get this tariff
Price per kWh
EUR 0.14
Standing charge
EUR 210.97/year (EUR 0.58/day)
Estimated annual cost
EUR 436.95
Contract
12 months
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • The largest support and store network in the country
  • BP fuel discounts that stack
  • Natural gas available on the same bill (0,0905 EUR/kWh)

Cons

  • The discount requires direct debit and electronic billing
  • Without the discount the base price rises to EUR 0.1671 per kWh
  • Promotions end and renew at the full price

Goldenergy

Goldenergy Digital (DD+FE)

4.3

EUR 0.1399 per kWh on 100% renewable energy

Get this tariff
Price per kWh
EUR 0.14
Standing charge
EUR 226.26/year (EUR 0.62/day)
Estimated annual cost
EUR 444.63
Contract
no contract
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • The natural gas standing charge is waived
  • No lock-in
  • A Portuguese company with award-winning customer support

Cons

  • The full discount requires direct debit and electronic billing
  • The price is reviewed once a year, usually in January
  • Support in Portuguese only

Which tariffs are indexed?

Indexed tariffs follow the OMIE wholesale market price. EDP Comercial and Yes Energy offer this product type. They suit users who track the market and accept monthly bill variation.

EDP Comercial

EDP Comercial Eletricidade Indexada (OMIE)

3.7

Beneficia automaticamente de descidas do OMIE

Get this tariff
Price per kWh
EUR 0.17
Standing charge
n/a
Contract
12 months
Price guarantee
no guarantee

Prices as of August 2026, verify on the provider site.

Pros

  • No lock-in, and you can switch whenever you like
  • A lower capacity charge than EDP's fixed tariff
  • Full transparency of the indexation formula

Cons

  • The bill rises if the wholesale market rises
  • No price guarantee, so the budget is unpredictable
  • You have to check the applied price every month

Endesa

Endesa Tarifa Indexada

3.5

Tracks wholesale falls automatically

Get this tariff
Price per kWh
EUR 0.18
Standing charge
EUR 149.43/year (EUR 0.41/day)
Contract
no contract
Price guarantee
no guarantee

Prices as of August 2026, verify on the provider site.

Pros

  • No loyalty period
  • Low power term versus Endesa fixed tariffs

Cons

  • Monthly kWh reprices with OMIE; spikes possible
  • Snapshot price above best fixed offers in mid-2026
  • Not a green-certified tariff

Goldenergy

Goldenergy Index Eletricidade

3.0

Captures wholesale price falls automatically

Get this tariff
Price per kWh
EUR 0.22
Standing charge
EUR 171.04/year (EUR 0.47/day)
Contract
no contract
Price guarantee
no guarantee

Prices as of August 2026, verify on the provider site.

Pros

  • No lock-in
  • 100% renewable

Cons

  • May 2026 snapshot far above same-brand fixed tariffs
  • Monthly repricing creates bill unpredictability
  • Portuguese-only support

Plenitude

Plenitude Tarifa Tendência (indexed)

3.2

Low daily power term among indexed offers

Get this tariff
Price per kWh
n/a
Standing charge
EUR 143.66/year (EUR 0.39/day)
Contract
no contract
Price guarantee
no guarantee

Prices as of August 2026, verify on the provider site.

Pros

  • Transparent OMIE formula published
  • No lock-in

Cons

  • Provider-wide complaint record applies
  • Monthly repricing with wholesale market
  • Formula complexity hard for lay readers

G9 Energy

G9 Smart Dynamic

3.1

True quarter-hourly wholesale pass-through

Get this tariff
Price per kWh
n/a
Standing charge
n/a
Contract
no contract
Price guarantee
no guarantee

Prices as of August 2026, verify on the provider site.

Pros

  • Very low 0.0055 EUR/kWh retail spread
  • Rewards consumption shifted to sunny/windy hours

Cons

  • Bills can exceed 0.20-0.30 EUR/kWh in evening peaks
  • Mandatory smart meter and 15-minute profiling
  • Zero budget predictability

Which suppliers are best for gas?

The regulated gas market ended in 2025. For 2,000 kWh/year, the cheapest options in August 2026 are from EDP Comercial and Endesa Digital, both with permanent discounts.

EDP Comercial

EDP Comercial Natural Gas, direct debit and e-billing (Portugal)

4.1

The lowest daily standing charge on the market, EUR 0.1058 a day

Get this tariff
Price per kWh
EUR 0.09
Standing charge
EUR 38.62/year (EUR 0.11/day)
Estimated annual cost
EUR 270.13
Contract
no contract
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • One of the cheapest annual gas bills in band 2
  • Stacks with the 15% electricity discount
  • No lock-in

Cons

  • The discount requires direct debit and electronic billing
  • Only available where there is a natural gas network
  • The price is reviewed once a year

Endesa

Endesa Tarifa Digital Gas, band 2 (Portugal)

4.2

Gas at EUR 0.0830 per kWh, among the cheapest on the market

Get this tariff
Price per kWh
EUR 0.11
Standing charge
EUR 67.71/year (EUR 0.19/day)
Estimated annual cost
EUR 310.67
Contract
12 months
Price guarantee
12 months

Prices as of August 2026, verify on the provider site.

Pros

  • A 20% discount for as long as you stay, not a promotion
  • One bill when you add electricity
  • No lock-in

Cons

  • Only available where there is a natural gas network
  • The regulated gas market ended on 31-12-2025
  • The daily standing charge bites at very low consumption

How do you choose a supplier?

First compare the estimated annual cost in the ERSE simulator for your CPE. Then check the price-guarantee length, discount conditions (direct debit and electronic billing), customer support, and energy origin.

If you are newly arrived, prefer suppliers with English support or simple online signup. If you drive and refuel with a specific brand, cross-discounts from Galp, Repsol, or BP may pay off.

Frequently Asked Questions

Which electricity supplier is cheapest?

For a 1,900 kWh/year, 3.45 kVA profile, the cheapest tariffs in August 2026 are from G9 Energy, Endesa Digital, and Goldenergy Digital.

Is the indexed tariff worth it?

Only if you track the wholesale market and can tolerate volatility. In 2022 and 2023, indexed tariffs far exceeded fixed tariffs.

Is EDP Comercial the same as E-Redes?

No. EDP Comercial is a retail supplier in the EDP group. E-Redes manages electricity distribution on the mainland.