The price of electricity for tariff-regulated customers will rise this Friday as the weekend approaches. If on Thursday it was 51.22 euros per megawatt-hour, then on February 16 this year it will rise to 54.24 euros/MWh, although this is still significantly lower than the price paid a year ago, despite the increase in VAT from 5% to 10 % on electricity and electricity. gas, which was approved by the latest anti-crisis decree in January last year.
By time intervals
The time slots will record a maximum price of €77.93/MWh from 20:00 to 21:00 and a minimum price of early morning (4:00 to 5:00 am). with a cost of 42 euros/MWh.MWh, as well as during the central hours of the day, from 13:00 to 14:00 and from 15:00 to 17:00, when the cost is 42.1. euro/MWh, according to the Iberian Energy Market Operator (OMIE).
Electricity cost per hour
| Time section | Euro/MWh |
| 00.00-01.00 | 51.76 euros |
| 01.00-02.00 | 51.08 euros |
| 02.00-03.00 | 49.92 euros |
| 03.00-04.00 | 47.06 euros |
| 04.00-05.00 | 42 euros |
| 05.00-06.00 | 46 euros |
| 06.00-07.00 | 51.57 euros |
| 07.00-08.00 | 60.5 euros |
| 08.00-09.00 | 66.06 euros |
| 09.00-10.00 | 59 euros |
| 10.00-11.00 | 48.73 euros |
| 11.00-12.00 | 47.06 euros |
| 12.00-13.00 | 42.1 euro |
| 13.00-14.00 | 44.2 euros |
| 14.00-15.00 | 42.1 euro |
| 15.00-16.00 | 42.1 euro |
| 16.00-17.00 | 47.06 euros |
| 17.00-18.00 | 52.08 euros |
| 18.00-19.00 | 63.22 euros |
| 19.00-20.00 | 77.93 euros |
| 20.00-21.00 | 73.09 euros |
| 21.00-22.00 | 69.66 euros |
| 22.00-23.00 | 65.94 euros |
| 23.00-24.00 | 61.6 euros |
It is worth remembering that 2024 is full of new developments in the field of electricity tariffs. The new formula for calculating the regulated electricity tariff, the so-called Small Voluntary Price (PVPC), which covers about 8.5 million consumers, about a third of all domestic consumers, came into force on January 1 last year.
Unlike the calculation methodology used so far, introduced by the Electrical Sector Law No. 24/2013 and regulated by Royal Decree No. 216/2014, where the final price was fully indexed to the daily wholesale market, the new formula will partially include long-term forward price signals. To this end, since July 1 last year, reference marketers have been pre-purchasing part of the energy that the PVPC tariff will consume in 2024.
To reduce your consumption and lower your energy bills, you can follow these tips:
Appliances
To reduce the consumption of household appliances, it is advisable to:
– Turn off electrical appliances when you are away from home for a long period (vacation). Especially the fridge freezer which consumes up to 30% of the total consumption of the home.
– Don’t leave them on standby as they continue to spend even when they are not consuming.
– Try to use a sundial to dry your clothes.
Hot water
It is always recommended:
– Use hot water wisely. It is advisable to ensure that the tap is never left open more than necessary.
– Overall water temperature between 30°C and 35°C It may be enough.
Lightning
It is advisable:
– Gradually replace incandescent and halogen lamps with LED lamps, as they consume ten times less energy than incandescent lamps and have a service life ten times longer, saving up to 85% of energy.
– Make the most of natural light by turning off lights in naturally lit areas and anywhere there are open spaces or glass walls that encourage passive viewing.
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