CEPSA deal combines mains gas, electricity and petrol in one package

In a bid to reach up to 1.5 million customers and become one of the top four domestic fuel retail suppliers, the CEPSA Hogar deal will see the petroleum giant link its more than 1,500 service stations to households.

The corporation says it is aiming to provide solutions for 'modern energy demands', which are gradually leaning more towards electricity and seeking renewable sources, by the year 2030.

It will offer three types of tariff – a fixed monthly fee, a flexible tariff where customers pay for what they use each month based upon the same energy prices all year, and the 'optimum' package where customers pay for the energy at cost price only plus admin fees.

Discounts range from 12% to 18%, varying according to the fuel products contracted and including larger reductions for those with CEPSA-Porque Tu Vuelves visa cards or Carrefour savings cheques.

Customers can only sign up online, and they can access a simulation by entering their address in order to find out how much they would have to pay.

As well as over two million petrol station customers holding a loyalty points card, another 3.5 million either buy bottled butane gas from CEPSA's service areas or are on its mains domestic gas supply, whilst half a million customers a day carry out transactions of some type with the company.

At present, despite there being a total of 46 mains gas retailers and over 300 mains electricity suppliers on the market, just four firms hold 90% of the gas market share and 92% of that of electricity.

Spain has 18 million homes on the electricity grid, 14 million with cars or other vehicles, eight million which use butane bottled gas and 7.5 million on mains gas.

Those who use bottled gas will not be able to take advantage of the CEPSA Hogar programme, although the number of households which rely on this type of fuel is expected to diminish over the coming years as mains gas connections are gradually rolled out across the country.