Electricity prices TOMORROW, Friday, January 26: cheapest hours.

Good news for the pockets of Spanish consumers. The cost of electricity has left behind the increase since the beginning of the week and will continue to decline until the weekend. The price of electricity will therefore fall this Friday, January 26, by 5.52% compared to Thursday’s data, to 72.56 euro megawatt-hour (MWh).

By time intervals

The maximum price will be from 08:00 to 09:00 and will be 115 euros/MWh; while the minimum price of 50.70 euros per megawatt-hour will occur between 13:00 and 14:00 in the morning, according to preliminary data from the Iberian Energy Market Operator (OMIE).

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, in which the final price was fully indexed to the daily wholesale market, the new formula will partly include long-term calculations. urgent 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 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.