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BOE-A-2026-2721 ·5 February 2026 ·Resolution Low impact
Tax

Electricity distribution companies: provisional application of 2022 remuneration for the 2026 financial year

The CNMC has established that, on a provisional basis, electricity distribution companies must apply the remuneration approved in the Resolution of 6 November 2025 (corresponding to the year 2022) for the 2026 financial year settlements (First). This measure will remain in place without considering the incentives provided for in said resolution until the definitive remuneration for 2026 is approved in accordance with Circular 8/2025 (First).

In 2 key points

  1. The 2022 remuneration will be applied to the 2026 settlements, without considering incentives (First). (Primero)
  2. The resolution shall take effect on the day following its publication (Second). (Segundo)

How it affects those involved

For electricity distribution companies, the remuneration for the 2026 financial year is subject to a provisional adjustment based on 2022 parameters, excluding the incentives from that year (First). This implies temporary regulatory uncertainty until the CNMC issues the definitive resolution based on the new methodology of Circular 8/2025. The settlements for the 2026 financial year will be carried out under this provisional framework (First).

Lifecycle

2026-02-05PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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