Electricity price tomorrow, Monday, February 12
The average price of electricity will rise again on Monday until it reaches 45.85 euros per megawatt-hour. A small increase that leaves energy costs 2.27% higher than Sunday. Thus, users will have to pay attention at the beginning of the week to what time is best to connect the equipment.
And all this in a context where VAT has increased from 5% to 10%, which is one of the measures taken by the government since the beginning of 2024. This is why consumers prefer to look at the cheapest watches and be able to save on them. electricity bill at the end of the month.
By time intervals
In the time intervals, a maximum price of 88.21 euros/MWh will be recorded from 19:00 to 20:00, while the minimum price will be recorded at dawn, namely from 16:00 to 17:00, when it is according to the Iberian energy operator market (OMIE).
Electricity cost per hour
| Time section | Euro/MWh |
| 00.00-01.00 | 39.23 euros |
| 01.00-02.00 | 38.12 euros |
| 02.00-03.00 | 35 euros |
| 03.00-04.00 | 33.76 euros |
| 04.00-05.00 | 33.76 euros |
| 05.00-06.00 | 35.1 euro |
| 06.00-07.00 | 37.4 euros |
| 07.00-08.00 | 39.88 euros |
| 08.00-09.00 | 50.5 euros |
| 09.00-10.00 | 46.78 euros |
| 10.00-11.00 | 40 euros |
| 11.00-12.00 | 35.6 euros |
| 12.00-13.00 | 33.76 euros |
| 13.00-14.00 | 35.6 euros |
| 14.00-15.00 | 35 euros |
| 15.00-16.00 | 35 euros |
| 16.00-17.00 | 30 euros |
| 17.00-18.00 | 40 euros |
| 18.00-19.00 | 59.34 euros |
| 19.00-20.00 | 88.21 euro |
| 20.00-21.00 | 79.15 euros |
| 21.00-22.00 | 71.54 euros |
| 22.00-23.00 | 65.87 euros |
| 23.00-24.00 | 61.9 euros |
It is worth remembering that 2024 is full of new developments in the field of electricity tariffs. On January 1, a new formula for calculating the regulated electricity tariff, the so-called “Voluntary Price for Small Consumers” (PVPC), came into force, which covers about 8.5 million consumers, that is, about a third of all domestic consumers.
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.
Tips to save on your energy bills
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 house.
– 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.