Today, Wednesday, June 26, average price of electricity This is 0.09717 euro kilowatt-hour (€/kWh), or the same 97.17 euros per megawatt-hour. He maximum It will reach 1.37 euros/kWh and will be fixed from 21:00 to 22:00. He minimum price According to the Iberian Energy Market Operator (OMIE), this will cost €0.06/kWh and will occur between 15:00 and 16:00.
He Tomorrow the price of electricity will decrease. More than two million clients connected to regulated electricity tariff They are seeing electricity prices fall again ahead of the weekend in anticipation of new zero price hours. This Thursday electricity will drop by 8.31%. Despite this small reduction, users should be wary of the most expensive watches, which will exceed the barrier of 0.120 euros per kilowatt-hour (EUR/kWh) or, equivalently, 120 EUR megawatt-hour. 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.
Regulated tariff consumers linked to the wholesale market will pay €0.891 per kilowatt-hour at mid-morning, bringing the price of electricity down by 8.31% compared to this Wednesday. Place the washing machine, for example, in cheaper watchesand the oven or appliances that use the most energy is the formula that experts always recommend save on energy bills.
However, the final price for consumers on a regulated tariff depends not only on the “pool”, but also depends on a number of regulated costs – hence light can never be free despite the fact that the price on the wholesale market is zero euros per hour. The most important are the following:
This Thursday, June 27, the average price will be 0.891 euros/kWh. He Maximum price will reach 1.2074 euros/kWh and will be recorded from 7:00 to 8:00 am. He minimum price According to the Iberian Operator of the Energy Market (OMIE), this will cost 0.4245 euros/kWh and will take place between 16:00 and 17:00.
From January 1, 2024, a new calculation structure will apply Voluntary price for small consumers (PVPC) for its indexation to forward market prices and reducing its volatility, which affects the calculation of the term energy regulated rate. This hourly price curve is the result of adding up the costs of energy production, transportation and distribution charges, and fees 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 TD Rate 2.0, effective June 1, 2021, replaced the three that existed prior to May 31, 2021, with a single one that has time discrimination in three periods for the application of tolls and regulatory fees. He 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. He 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) ranges from 0 to 8. All of these times will apply 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.
When we buy new technologyIt is important to consider three fundamental aspects: their energy efficiency, using them correctly (some even have economy 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, that is, about 77 euros in addition to 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.
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 settlement day, VAT would have been 21%. Only households receiving the social bonus are exempt from this increase, keeping VAT at 10% until 2024.
To date, the average price for June is 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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