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Energy bills still play an important role in the family economy of many Spanish households. The price of electricity can be a deciding factor when it comes to installing home appliances. However this Wednesday, 9 OctoberThe average price of electricity on the wholesale market for regulated tariff consumers reaches according to OMIE, 60.80 euro/MWh..

To this price we will have to add compensation to the electric power companies. The price is the result of the sum of the average auction price in the wholesale market with the compensation that demand will pay combined cycle power plants for applying the “Iberian exception” to limit the price of gas for electricity generation.

When will electricity be most expensive?

The maximum price for electricity will be reached at 21:00. With 60.80 euro/MWh.

And cheaper than electricity?

And for our part, the minimum price will be achieved when 4.00 and 5.00 hours at a price of 0.98 EUR/MWh..

Electricity cost per hour