In this paper, we consider the penalty method to solve the unilateral contact with friction between an electro-elastic body and a conductive foundation. Mathematical properties, such as the existence of a solution to the penalty problem and its convergence to the solution of the original problem, are reported. Then, we present a finite elements approximation for the penalised problem and prove its convergence. Finally, we propose an iterative method to solve the resulting finite element system and establish its convergence.