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Electricity tariff price today, Saturday, June 29, hourly

He price of light This Saturday it will fall to 50.54 euros per megawatt hour (MWh), after falling 38% compared to yesterday’s price on Friday (82.04 euros per MWh). More than two million consumers who got infected adjustable rate In Spain this weekend you will notice an important break in Electricity bill after marking on Wednesday highest price since January 12 last year, when it reached €97.17 MWh. This is according to the Iberian Energy Market Operator (OMIE).

Affected Consumer Accounts regulated market or voluntary price for small consumers (PVPC) consists of an energy term, which represents what is consumed and changes every hour. This, in turn, consists of a “bundled” price, tolls and other services necessary for the proper functioning of the electrical system. In addition, revenues include other concepts such as contracted capacity, taxes (e.g. VAT) and equipment rental.

The final cost is something you will have to take into account to try it. keep and choose the cheapest time slots to use the devices that use the most energy, such as washing machine, air conditioner or dishwasherThis is what today’s prices look like.

Electricity price today June 29 hourly (pool)

Despite Saturday’s decline, users should be wary of the most expensive watches crossing the 100 euro-megawatt-hour barrier. Without a doubt, these will be the hours when you can avoid using the appliances that use the most energy, such as the washing machine or dishwasher, and be able to save on your energy bills, as experts recommend.

So this Saturday price of light It falls again and averages 50.54 euro MWh. Maximum price The value of 106.8 euro MWh will be reached, which will be recorded from 22:00 to 23:00. minimum price

According to the Iberian Energy Market Operator (OMIE), this will cost 1.5 euros MW and will occur between 15:00 and 16:00.

From 00:00 to 01:00: 90 EUR/MWh.
From 01:00 to 02:00: 71.6 EUR/MWh.
From 02:00 to 03:00: 47.5 EUR/MWh.
From 03:00 to 04:00: 47.5 EUR/MWh.
From 04:00 to 05:00: 47.29 EUR/MWh.
From 05:00 to 06:00: 47.01 EUR/MWh.
From 06:00 to 07:00: 47.29 EUR/MWh.
From 07:00 to 08:00: 50.2 EUR/MWh.
From 08:00 to 09:00: 47.29 EUR/MWh.
From 09:00 to 10:00: 46.62 EUR/MWh.
From 10:00 to 11:00: 45.06 EUR/MWh.
From 11:00 to 12:00: 35.02 EUR/MWh.
From 12:00 to 13:00: 35.01 EUR/MWh.
From 13:00 to 14:00: 35 EUR/MWh.
From 14:00 to 15:00: 10 EUR/MWh.
From 15:00 to 16:00: 1.5 EUR/MWh.
From 16:00 to 17:00: 12.76 EUR/MWh.
From 17:00 to 18:00: 31.86 EUR/MWh.
From 18:00 to 19:00: 35.02 EUR/MWh.
From 19:00 to 20:00: 46.6 EUR/MWh.
From 20:00 to 21:00: 73.37 EUR/MWh.
From 21:00 to 22:00: 102.36 EUR/MWh.
From 22:00 to 23:00: 106.8 EUR/MWh.
From 23:00 to 12:00: 100.94 EUR/MWh.

How is the price of consumed electricity formed?

As we have indicated, the price of consumed electricity (energy term) in the regulated tariff depends on several factors, therefore can never be free despite the fact that the price on the wholesale market is zero euros per hour.

‘Pool’: Cost of energy on the wholesale market.
Payment for travel: are used to pay for transport activities and Electricity distributionIn the free market, the toll is included in the price of the energy and capacity consumed under the contract. In PVPC, this amount is split into parts: on the one hand, it includes the cost of tolls, and on the other, the cost of marketing.
Fees: they are established by the Ministry of Ecological Transition and are expenses higher than tolls and includes, among other things, renewable energy premiums, deficit payment or additional costs for generating electricity outside the peninsula.
In addition, on the other hand, the bill includes other expenses such as electricity tax, equipment rental or VAT.

Electricity price yesterday Friday hourly (PVPC)

From 00:00 to 01:00: 134.14 EUR/MWh.
From 01:00 to 02:00: 115.57 EUR/MWh.
From 02:00 to 03:00: 88.79 EUR/MWh.
From 03:00 to 04:00: 88.52 EUR/MWh.
From 04:00 to 05:00: 88.77 EUR/MWh.
From 05:00 to 06:00: 87.26 EUR/MWh.
From 06:00 to 07:00: 88.59 EUR/MWh.
From 07:00 to 08:00: 96.77 EUR/MWh.
From 08:00 to 09:00: 89.03 EUR/MWh.
From 09:00 to 10:00: 90.03 EUR/MWh.
From 10:00 to 11:00: 83.18 EUR/MWh.
From 11:00 to 12:00: 70.64 EUR/MWh.
From 12:00 to 13:00: 69.68 EUR/MWh.
From 13:00 to 14:00: 68.76 EUR/MWh.

From 14:00 to 15:00: 41.04 EUR/MWh.
From 15:00 to 16:00: 32.33 EUR/MWh.
From 16:00 to 17:00: 45.14 EUR/MWh.
From 17:00 to 18:00: 67.67 EUR/MWh.
From 18:00 to 19:00: 73.31 EUR/MWh.
From 19:00 to 20:00: 89.76 EUR/MWh.
From 20:00 to 21:00: 117.79 EUR/MWh.
From 21:00 to 22:00: 144.36 EUR/MWh.
From 22:00 to 23:00: 148.99 EUR/MWh.
From 23:00 to 12:00: 142.61 EUR/MWh.

Here’s how PVPC is calculated

From 1 January 2024, a new PVPC calculation structure will be applied to index it to forward market prices and reduce its volatility, which affects the calculation of the term energy regulated rate. This hourly price curve is the result of adding together the cost of energy production (the “pool”), the fees for transportation and distribution, and the charges corresponding to the energy consumed.

In turn, the cost of production consists of hourly price based on daily energy market data published by the Iberian Electricity Market Operator (OMIE). In addition, these prices also take into account the cost of adjustment services managed by Electrical network as a system operator, in addition to other concepts included in the current rules.

The PVPC with a rate of 2.0 TD, effective from 1 June 2021, replaced the three that existed before 31 May 2021 with a single one that has time discrimination in three periods for the application of road charges and regulatory charges. more expensive (rush hour) will be in the morning from 10:00 to 14:00 and in the evening from 18:00 to 22:00. It half price (regular times) in the morning from 8:00 to 10:00, in the afternoon from 14:00 to 18:00 and at night from 22:00 to midnight. He cheaper (off-peak time) is in the range from 0 to 8. All these time values will be applied in Peninsula, Balearic and Canary Islands. In Ceuta and Melilla, periods start and end an hour later, except for a fixed period between 23 and 24 hours.

These periods apply to energy and power in the electricity bills of those consumers covered by PVPC – contracted power up to 10 kW – throughout the country.

Three appliances that are increasing your energy bills

When we buy new technologyIt is important to consider three fundamental aspects: their energy efficiency, using them correctly (some even have saving modes) and ensuring that their consumption adapts to our needs. Electricity bill. However, there are some devices that tend to consume more power than others.

He DishwasherAlthough this appliance is not found in all homes, it is one of the ones that require the highest electricity consumption. According to OCU calculations, it can consume up to 246 kWh per year, which is approximately 7% of total energy consumption and leads to an additional 74 euros on the annual electricity bill. The same thing happens with washing machine

which can consume up to 255 kWh per year, or about 77 euros extra on the annual bill. Finally, and quite logically, Fridgewhose average consumption is 662 kWh per year, which means an increase in the annual rate of approximately 199 euros in the case of PVPC.

Changes to VAT on electricity

The last Council of Ministers in 2022 approved an increase in VAT on electricity from 5% to 10% and maintaining this rate until the end of 2024, provided that prices per MWh on the wholesale market remain the same. above 45 EUR/MWh. If the wholesale price had been below this level in the calendar month preceding the last billing day, VAT would have been 21%. Only households receiving a social bonus are exempt from this increase, keeping VAT at 10% through 2024.

Today we have an average price for June of 55.21 euro megawatt-hour (MWh) or the same 0.552177 euro/kWh with a forecast of 73.75 euro megawatt-hour (MWh) for July. “This means that if the established limit of 45 euros MWh is exceeded VAT will return to 10% for all invoices issued in July,” details from Selectra.

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