diff --git a/homeassistant/components/pvpc_hourly_pricing/sensor.py b/homeassistant/components/pvpc_hourly_pricing/sensor.py
index ff0b01f9ae4..199e20d3e22 100644
--- a/homeassistant/components/pvpc_hourly_pricing/sensor.py
+++ b/homeassistant/components/pvpc_hourly_pricing/sensor.py
@@ -1,10 +1,4 @@
-"""
-Sensor to collect the reference daily prices of electricity ('PVPC') in Spain.
-
-For more details about this platform, please refer to the documentation at
-https://www.home-assistant.io/integrations/pvpc_hourly_pricing/
-"""
-from datetime import timedelta
+"""Sensor to collect the reference daily prices of electricity ('PVPC') in Spain."""
 import logging
 from random import randint
 from typing import Optional
@@ -15,10 +9,7 @@ from homeassistant import config_entries
 from homeassistant.const import CONF_NAME
 from homeassistant.core import HomeAssistant, callback
 from homeassistant.helpers.aiohttp_client import async_get_clientsession
-from homeassistant.helpers.event import (
-    async_track_point_in_time,
-    async_track_time_change,
-)
+from homeassistant.helpers.event import async_call_later, async_track_time_change
 from homeassistant.helpers.restore_state import RestoreEntity
 import homeassistant.util.dt as dt_util
 
@@ -144,18 +135,14 @@ class ElecPriceSensor(RestoreEntity):
                 self._pvpc_data.source_available = False
                 return
 
-            retry_delay = 2 * self._pvpc_data.timeout
+            retry_delay = 2 * self._num_retries * self._pvpc_data.timeout
             _LOGGER.debug(
                 "%s: Bad update[retry:%d], will try again in %d s",
                 self.entity_id,
                 self._num_retries,
                 retry_delay,
             )
-            async_track_point_in_time(
-                self.hass,
-                self.async_update_prices,
-                dt_util.now() + timedelta(seconds=retry_delay),
-            )
+            async_call_later(self.hass, retry_delay, self.async_update_prices)
             return
 
         if not prices:
diff --git a/tests/components/pvpc_hourly_pricing/test_sensor_logic.py b/tests/components/pvpc_hourly_pricing/test_sensor.py
similarity index 91%
rename from tests/components/pvpc_hourly_pricing/test_sensor_logic.py
rename to tests/components/pvpc_hourly_pricing/test_sensor.py
index c6ae6fa57c2..fdab7fd1008 100644
--- a/tests/components/pvpc_hourly_pricing/test_sensor_logic.py
+++ b/tests/components/pvpc_hourly_pricing/test_sensor.py
@@ -1,4 +1,4 @@
-"""Tests for the pvpc_hourly_pricing component."""
+"""Tests for the pvpc_hourly_pricing sensor component."""
 from datetime import datetime, timedelta
 import logging
 from unittest.mock import patch
@@ -27,7 +27,9 @@ async def _process_time_step(
     return state
 
 
-async def test_availability(hass, caplog, pvpc_aioclient_mock: AiohttpClientMocker):
+async def test_sensor_availability(
+    hass, caplog, pvpc_aioclient_mock: AiohttpClientMocker
+):
     """Test sensor availability and handling of cloud access."""
     hass.config.time_zone = timezone("Europe/Madrid")
     config = {DOMAIN: [{CONF_NAME: "test_dst", ATTR_TARIFF: "discrimination"}]}
@@ -59,7 +61,7 @@ async def test_availability(hass, caplog, pvpc_aioclient_mock: AiohttpClientMock
         )
         assert num_warnings == 1
         assert num_errors == 0
-        assert pvpc_aioclient_mock.call_count == 7
+        assert pvpc_aioclient_mock.call_count == 9
 
         # check that it is silent until it becomes available again
         caplog.clear()
@@ -67,19 +69,19 @@ async def test_availability(hass, caplog, pvpc_aioclient_mock: AiohttpClientMock
             # silent mode
             for _ in range(21):
                 await _process_time_step(hass, mock_data, value="unavailable")
-            assert pvpc_aioclient_mock.call_count == 28
+            assert pvpc_aioclient_mock.call_count == 30
             assert len(caplog.messages) == 0
 
             # warning about data access recovered
             await _process_time_step(hass, mock_data, value="unavailable")
-            assert pvpc_aioclient_mock.call_count == 29
+            assert pvpc_aioclient_mock.call_count == 31
             assert len(caplog.messages) == 1
             assert caplog.records[0].levelno == logging.WARNING
 
             # working ok again
             await _process_time_step(hass, mock_data, "price_00h", value=0.06821)
-            assert pvpc_aioclient_mock.call_count == 30
+            assert pvpc_aioclient_mock.call_count == 32
             await _process_time_step(hass, mock_data, "price_01h", value=0.06627)
-            assert pvpc_aioclient_mock.call_count == 31
+            assert pvpc_aioclient_mock.call_count == 33
             assert len(caplog.messages) == 1
             assert caplog.records[0].levelno == logging.WARNING