Millions in Spain have electricity cut during economic crisis Spain's two largest utility companies, Iberdola and Endesa, which supply electricity to 80 per cent of private homes recorded disconnections of 588,120 and 524,814 in 2012 respectively. Extrapolating the figures to include those households whose supply is provided by smaller operators, the Spanish daily El Pais newspaper estimated that around 1.4 million homes were cut off. The government of Prime Minister Mariano Rajoy introduced a reform of Spain's energy sector last July as part of wide-reaching austerity programme aimed at reducing the nation's public deficit. Under the reform saw the slashing of state subsidies of energy providers and was fiercely criticised by the industry and consumers alike. Spain officially emerged from a two-year recession last quarter but the unemployment rate still stands at 26 per cent.