Wednesday electricity price | The forbidden hour of electricity prices this Wednesday: when not to turn on the equipment

Electricity prices continue to rise, and this Wednesday, January 31st, we are practically prohibited from turning on electrical appliances. This constant rise in energy costs has left many people at a financial crossroads, with more and more households facing bills that are too heavy on their pockets and require careful management of their energy consumption.

In the midst of this situation, adapting to the most economical time to turn on your home appliances has become a crucial strategy to save a few euros on your bills. This Wednesday, January 31, the price of electricity will rise to 168.35 euros per megawatt hour (EUR/MWh), which represents a slight increase compared to the price of electricity this Tuesday of 81.28 euros.

By time intervals

He Maximum price will happen between 20:00 and 21:00., 168.35 EUR/MWh; Meanwhile he minimumof 64.95 euros per megawatt-hour, will occur between 15:00 and 14:00. at dawn, 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 home.

– 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.