That’s two hours for zero euros to put them in the washing machine.

He the price of electricity will rise today. At the beginning of the week, more than two million consumers are connected to a regulated electricity tariff with an increase of more than 50% in electricity price. This Monday, June 24, users will once again be able to enjoy a few euro-free watches, although they will have to avoid the most expensive watches in order to use the appliances that use the most energy, such as the washing machine or dishwasher, and be able to save on their energy bills. , such as and as recommended by experts.

Tariff-regulated consumers connected to the wholesale market will pay an average of €41.15 per megawatt hour (MWh) today. the price of electricity increased by 53.77% regarding this Sunday. For example, setting your washing machine to the cheapest hours and the oven or appliances that use the most is the formula that experts always recommend to save on your energy bills.

The most expensive and cheapest electricity hours today

This Monday, June 24th, Maximum price117.33 EUR/MWh, will be recorded from 21:00 to 22:00, and minimum pricewill be 0 euros and will occur between 15:00 and 17:00, according to the Iberian Energy Market Operator (OMIE).

Electricity price yesterday by hour

This Sunday, June 23rd, Maximum priceamounting to 95.62 euros/MWh will be recorded from 22:00 to 23:00. minimum pricewill be -2 euros and will occur between 15:00 and 16:00, according to the Iberian Energy Market Operator (OMIE).

If the price of electricity is negative, do I have discounts on my bill?

It is necessary to clarify that the fact that the “pool” is registered watch for zero euro, does not mean that electricity is free for the regulated tariff consumer (PVPC), since he must bear a number of regulated costs, such as, among others, the cost of transport and distribution networks. Will we then have invoice discounts? This is not true for several reasons, but the first thing to understand is that light can never be free. To be clear, the first thing you need to know is what terms appear on your electricity bill. According to the Organization of Consumers and Users (OCU), only 11% of customers do this.

According to experts, the first thing you need to know is that price per hour What the wholesale electricity market, the so-called “pool”, publishes each day only affects customers who have a regulated price (PVPC) or an indexed price. On the other hand, it must also be taken into account that in order to have an impact on consumer savings, these prices must be more constant over time, “however, we can verify that the price of PVC has not undergone large changes. average for the last few days.”

Three appliances that are increasing your energy bills

When we buy new ones AppliancesIt is important to take into account three fundamental aspects: your energy efficiency, use them correctly (some even have saving modes) and make sure their consumption matches our 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.

Changes to VAT on electricity

The last Council of Ministers of 2022 approved that VAT electricity will increase from 5% to 10%, and this rate will remain until the end of 2024, as long as MWh prices on the wholesale market remain above 45 euros/MWh. If the wholesale price was below this level in the calendar month preceding the last settlement day, VAT will become 21%. Only households receiving the social bonus are exempt from this increase, keeping VAT at 10% until 2024.

In the summer this will be the VAT on the electricity bill

The exception is that the increase will have a minor impact. As of today, we have an average price for June of €54.33 per megawatt hour (MWh), with a forecast for the last week of June of €55 per megawatt hour (MWh) and €73.75 per megawatt hour. hour (MWh) per month. July. “This means that, having exceeded the established limit of 45 euros MWh, VAT will return to 10% for all invoices issued in July,” Selectra clarifies.