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REMINDER: How drivers in Spain can get 20 euro cents off every litre of fuel

Spain's government recently extended its 20-cent-per-litre subsidy for petrol and diesel until September 30th, although the discount doesn't save you as much as it once did. Here's what drivers in Spain need to know about the subsidy in June 2022.

REMINDER: How drivers in Spain can get 20 euro cents off every litre of fuel
The average Spanish household saves around €65 over the three month period, or €75 for petrol. (Photo by JOSEP LAGO / AFP)

As part of Pedro Sánchez’s plan to lessen the impact of the Ukraine war on the Spanish economy, back in April the government included “a minimum reduction of 20 cents per litre of fuel” as one of its main measures to reduce spiralling costs for “families and businesses”.

This is available to all people in Spain, not just lorry drivers and other workers in the transport sector who went on strike en masse for two weeks in March over crippling fuel costs

The price drop applies to all types of gasoline, diesel and gas, as well as bioethanol, biodiesel and the special additive AdBlue.

The State finances 15 cents whilst the oil companies cover 5 cents, although Sánchez has praised the fact that some multinationals have committed to subsidising an even higher cost. 

All in all, it will cost the Spanish government an estimated €1.4 billion to offer these subsidies to the Spanish public, and €473 million for the petrol companies.

Until when will the discount apply?

It started on Friday April 1st 2022 and was initially planned to last three months until June 30th.

However, the Spanish government indicated early on that the package of measures rolled out in response to the Ukraine War could be extended beyond that date if necessary, something which they have done, with the new deadline set for September 30th.

How much can I expect to save on fuel?

Initially, by applying the 20-cent deduction, diesel in Spain cost €1.63 per litre on average and unleaded 95 petrol cost €1.61 per litre. 

According to Spanish consumer watchdog OCU, at first that meant that the average Spanish household would save around €65 on diesel over a three-month period, or €75 for petrol.

But the money that drivers in Spain can potentially save through the discount has been progressively dropping as fuel prices have continued to rise and many filling stations have put up their rates. 

As things stand, fuel price rises in May and June have eaten up 75 percent of the discount, meaning that drivers are in reality now only saving around 5 cents on every litre.

So overall it won’t necessarily mean huge savings for drivers but rather just a way of slightly cushioning the financial blow of the current record fuel prices.

In early June, with the state discount applied, you can expect to pay around €1.77 per litre of petrol and €1.65 per litre of diesel, keeping in mind that prices have been on an upward trend for several months.

Does the discount apply at all petrol stations in Spain?

According to the Spanish state bulletin (BOE),  the requirement of providing a 5 cent reduction only applies to companies “with refining capacity in Spain and an annual turnover of more than €750 million”.

This is the case for only three of the petrol multinationals operating in Spain – Repsol, Cepsa and BP – which together represent 48 percent of the filling stations in the country. 

These companies also have offers for customers on their loyalty programmes and those managing their fuel payment via their mobile apps.

It’s worth remembering however that the Spanish government will cover at least 15 euro cents per litre at other petrol stations as well. 

READ ALSO: Where to get the cheapest fuel in Spain

How do I get the fuel discount?

There isn’t a registration process or modus operandi that has to be followed in order to enjoy the discount. 

The offer is open to everyone and is as straightforward as filling up your tank has always been. 

The only difference to keep in mind is that the price that will appear on the fuel counter as you fill up does not include the price reduction. This will be applied by staff members at the till when it comes to paying.

Spanish petrol stations have implemented a system which shows the original price and the reduced rate on the receipt handed to drivers when they pay. 

Member comments

  1. Its all very well saying that you just have to register to receive the discount, but you do not say where or how to register.

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MONEY

Black Friday in Spain: What you should be aware of

Here's what you need to know about the Black Friday sales in Spain in 2022, from when they start to which retailers are offering discounts and why the sales aren't always as good as they're made out to be.

Black Friday in Spain: What you should be aware of

Black Friday is the day when some of Spain’s biggest retailers hold huge sales and give massive discounts (or so they claim) in the run-up to the start of the Christmas shopping season.

The tradition originated in the US as it was held the day after Thanksgiving.

READ ALSO: Where Americans can celebrate Thanksgiving

While Spain doesn’t generally celebrate the American Thanksgiving holiday, it does however go in for Black Friday in a big way, along with many other countries around the world.

Spain began getting in on the Black Friday action in 2011 when the regulations on promotions and sales changed.

When is Black Friday?

This year, Black Friday will be held on Friday November 25th, but many companies and online retailers decide to hold sales throughout the month or even extend them for a whole week instead of just one day.

For example, tech store MediaMarkt began giving discounts on November 1st and will continue its sales until November 30th, while Mr. Wonderful began its discounts early too on November 18th.

Inditex group (which includes clothes stores Zara, Pull & Bear, Massimo Dutti, Bershka, Oysho and Stradivarious) will publish their discounts online on Thursday November 24th.

Many stores will also extend their offers until Monday November 28th, which has become known as Cyber Monday. On this day, more tech companies and online retailers will be offering discounts too.

What will there be discounts on?

There will be Black Friday sales in Spain on everything from fashion and beauty to sports equipment, homeware and technology, among others.

Businesses are also allowing the return periods to be extended until January 6th 2023 or even into February, so that people can start their Christmas shopping early.

Spanish stores such as Mango, Zara and El Corte Inglés will all be having sales, as well as international and online retailers such as Amazon and Primark.

Swedish furniture giant Ikea will be doing something a little different this year, having a Green Friday where they’ll buy back some of your old furniture. 

According to a study by online marketing company Webloyalty, it is expected that online spending will grow by 25 percent compared to 2021, despite the rise in the cost of living and the financial squeeze many are experiencing.

Are Black Friday sales in Spain really that good?

Research conducted by Spanish consumer watchdog OCU over the past seven years has proven that many shops put the prices of their products up before Black Friday, so that the discounts they then apply aren’t really bargains for shoppers, but businesses get to capitalise on the shopping frenzy. 

In 2021, OCU spent 30 days writing down prices for almost 17,000 products in 52 stores. Almost a third of them rose in price (32.5 percent of the products), 11.8 percent of which cost less in the week of Black Friday. Overall, an average price rise of 3.3 percent was calculated.

There’s even a Twitter hastag #timofertasBF ( abit like ‘ripofferBF’) where user post the products that claim to be on discount but really aren’t.

Therefore, when it comes to big purchases in particular, make sure that you’re familiar with the average price of the product before Black Friday by comparing prices online. That should help you to ascertain whether you’re actually getting a good offer. 

If it’s a top-of-the-range product that’s just been released, don’t expect it to be on sale, and if it is, you should be suspicious.

Watch out for Black Friday scams

Be aware that while Black Friday can mean some great bargains, it’s also a day that brings out scammers and people who are waiting to steal your personal details.

In the past, there have been situations where second-hand items never arrive, the setup of fake online stores and discounts that contain malware.

You should particularly look out for phishing scams, where people try to steal your identity or personal details and fraudulent text messages.

Experts agree that there are several ways to protect yourself against potential Black Friday fraudsters including avoiding suspicious links or online shops you’re not aware of, using only official websites, creating strong passwords, not trusting any discounts that seem way too good to be true and using online security software.

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