when is it cheapest and most expensive per day
ANDTomorrow, April 25, the average price of electricity will increase sharply compared to previous weeks. The cost of electricity this Thursday will be 41.44 euros/MWh. Such data was published by the Iberian Energy Market Operator (OMIE).
But to know when is the best time to take advantage or not waste too much electricity, You will have to analyze the time intervals. We’ll look at them below.
When is electricity more expensive?
The maximum price peak will be recorded in the period from 21:00 to 22:00 at a price of 109.9 euros/MWh. Therefore, it is recommended to avoid using devices with high power consumption during this period. Likewise, another period to avoid is the period from 7:00 to 8:00 (€100).
When electricity is cheaper
We find the cheapest electricity patch between 16:00 and 17:00 at 6 €/MWh. In addition, there are some good deals in the afternoon, for example from 15:00 to 16:00 at a price of 7 euros/MWh.
Electricity price per hour, April 25
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From 00:00 to 01:00: 38.07 EUR/MWh.
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From 01:00 to 02:00: 35.02 EUR/MWh.
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From 02:00 to 03:00: 35.01 EUR/MWh.
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From 03:00 to 04:00: 35.01 EUR/MWh.
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From 04:00 to 05:00: 35.01 EUR/MWh.
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From 05:00 to 06:00: 35.01 EUR/MWh.
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From 06:00 to 07:00: 38.69 EUR/MWh.
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From 07:00 to 08:00: 100 EUR/MWh.
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From 08:00 to 09:00: 66.85 EUR/MWh.
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From 09:00 to 10:00: 35 EUR/MWh.
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From 10:00 to 11:00: 26.96 EUR/MWh.
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From 11:00 to 12:00: 22.3 EUR/MWh.
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From 12:00 to 13:00: 19.29 EUR/MWh.
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From 13:00 to 14:00: 15.65 EUR/MWh.
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From 14:00 to 15:00: 9.99 EUR/MWh.
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From 15:00 to 16:00: 7 euros/MWh.
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From 16:00 to 17:00: 6 euros/MWh.
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From 17:00 to 18:00: 9.35 EUR/MWh.
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From 18:00 to 19:00: 22.3 EUR/MWh.
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From 19:00 to 20:00: 32.56 EUR/MWh.
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From 20:00 to 21:00: 88.61 EUR/MWh.
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From 21:00 to 22:00: 109.9 EUR/MWh.
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From 22:00 to 23:00: 91.35 EUR/MWh.
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From 23:00 to 00:00: 79.74 EUR/MWh.