Categories: Business

when it is cheaper and more expensive per day

He The average price of electricity tomorrow, Tuesday, August 27, 2024, will be 107.71 euros. per megawatt hour (MWh), according to data provided by the Iberian Energy Market Operator (OMIE). This amount represents an increase of 14.35% (€13.52) compared to the Sunday electricity tariff, which was €94.19/MWh.

Compared to the same date last year, there is a decrease 6.2%since the average price was 114.83 EUR/MWh on 27 August 2023. This rate reduction is particularly beneficial for consumers with regulated rates (PVPC) or indexed rates on the open market.

When will electricity become cheaper on Tuesday?

He the lowest price for electricity On Tuesday it will be registered between 15:00 and 16:00.with cost 75 euros per megawatt hour. The most recommended time intervals for performing activities that require more electricity, such as running a washing machine or using an oven, would be between 11:00 and 18:00when the average price is 80.57 euros/MWh.

When will electricity be most expensive on Tuesday?

On the other side, the highest price days will be recorded between 21:00 and 22:00.with maximum 153.2 EUR/MWh. The most expensive time intervals will be concentrated at night, from 20:00 to 23:00, when the average price will reach 131.49 euros/MWh.

Electricity price per hour, August 27

Electricity is becoming more expensive, and so are your electricity bills. To optimize your electricity consumption and reduce your bill, it is important to know price of electricity per hour

The main recommendation is to identify the time periods with the lowest tariffs and avoid intensive energy use during periods when prices are higher. This can be found in the following list, according to data provided by OMIE.