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when it will be cheaper and more expensive

Today the price of electricity will fall. This Saturday, July 6, as a stifling heat wave hit much of Spain, two million consumers with regulated tariffs They will look for the most expensive and cheapest hours of the day. Avoid using appliances that consume the most energy whenever possible in an effort to save on your monthly electricity bill.

This Saturday’s price will be a major relief to the pockets of users who will enjoy a few hours for zero euro megawatt hour in price ‘pool’. This makes the central hours of the day the best for using those appliances that use the most, such as air conditioning, to mitigate high temperatures. Of course, the fact that it costs zero or negative euros is not the final price that the user pays, since it is necessary to add PVPC, but it always helps one of the parts that has the most influence in forming price of light the cost is “free”.

Electricity price today 6th july by the hour (pool)

With the weekend starting, the price of electricity this Saturday, July 6, from the pool, will fall by 43.25% compared to this Friday.reaching an average of 33.98 euros MWh. Maximum price It will reach 101 euro MW and will be fixed from 00:00 to 01:00. It minimum price According to the Iberian Operator of the Energy Market (OMIE), this will amount to -1.01 euros MWh and will occur between 16:00 and 17:00.

From 00:00 to 01:00: 101 EUR/MWh.
From 01:00 to 02:00: 96.96 EUR/MWh.
From 02:00 to 03:00: 79.74 EUR/MWh.
From 03:00 to 04:00: 71.91 EUR/MWh.
From 04:00 to 05:00: 77.25 EUR/MWh.
From 05:00 to 06:00: 70.66 EUR/MWh.
From 06:00 to 07:00: 70.66 EUR/MWh.
From 07:00 to 08:00: 65.5 EUR/MWh.
From 08:00 to 09:00: 30.87 EUR/MWh.
From 09:00 to 10:00: 0 EUR/MWh.
From 10:00 to 11:00: 0 EUR/MWh.
From 11:00 to 12:00: -0.01 EUR/MWh.
From 12:00 to 13:00: -0.51 EUR/MWh.
From 13:00 to 14:00: -0.76 EUR/MWh.
From 14:00 to 15:00: -0.95 EUR/MWh.
From 15:00 to 16:00: -1 EUR/MWh.
From 16:00 to 17:00: -1.01 EUR/MWh.
From 17:00 to 18:00: -1 EUR/MWh.
From 18:00 to 19:00: -0.82 EUR/MWh.
From 19:00 to 20:00: 0 EUR/MWh.
From 20:00 to 21:00: 9.23 EUR/MWh.
From 21:00 to 22:00: 41.1 EUR/MWh.
From 22:00 to 23:00: 59.7 EUR/MWh.
From 23:00 to 12:00: 46.89 EUR/MWh.

Electricity price tomorrow 7th July by the hour (pool)

On the other side, price of light Tomorrow Sunday, July 7th, Poolwill increase by 2.15% compared to this Friday, reaching an average of 33.98 euros MWh. Maximum price It will reach 104.58 euro MWh and will be fixed from 22:00 to 23:00. minimum price According to the Iberian Operator of the Energy Market (OMIE), this will amount to -1.01 euros MWh and will occur between 16:00 and 17:00.

From 00:00 to 01:00: 56.55 EUR/MWh.
From 01:00 to 02:00: 48.95 EUR/MWh.
From 02:00 to 03:00: 44.16 EUR/MWh.
From 03:00 to 04:00: 44.9 EUR/MWh.
From 04:00 to 05:00: 44.16 EUR/MWh.
From 05:00 to 06:00: 56.55 EUR/MWh.
From 06:00 to 07:00: 56.55 EUR/MWh.
From 07:00 to 08:00: 56.68 EUR/MWh.
From 08:00 to 09:00: 24.87 EUR/MWh.
From 09:00 to 10:00: -0.01 EUR/MWh.
From 10:00 to 11:00: -0.51 EUR/MWh.
From 11:00 to 12:00: -0.78 EUR/MWh.
From 12:00 to 13:00: -0.66 EUR/MWh.
From 13:00 to 14:00: -0.02 EUR/MWh.
From 14:00 to 15:00: -0.78 EUR/MWh.
From 15:00 to 16:00: -1 EUR/MWh.
From 16:00 to 17:00: -1.01 EUR/MWh.
From 17:00 to 18:00: 0 EUR/MWh.
From 18:00 to 19:00: 3.32 EUR/MWh.
From 19:00 to 20:00: 35.94 EUR/MWh.
From 20:00 to 21:00: 59.57 EUR/MWh.
From 21:00 to 22:00: 100.73 EUR/MWh.
From 22:00 to 23:00: 104.58 EUR/MWh.
From 23:00 to 12:00: 100.25 EUR/MWh.

How is the electricity bill calculated?

But in addition to these prices, it is necessary to take into account that bills consumers covered by the regulated market or Voluntary pricing for small consumers (PVPC) They consist of an energy term that is consumed and changed every hour.

This in turn consists of the “bundled” price, road charges and other services required 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.

He final cost This is what you will need to take into account in order to try to save money and choose the cheapest time intervals for using the appliances that consume the most, such as the washing machine, air conditioner or dishwasher.

Thus, the price of consumed electricity (energy term) in a regulated tariff depends on several factors, so it can never be free, even if the price on the wholesale market is zero euros per hour.

‘Pool’: the cost of energy on the wholesale market.
Payment for travel: They serve to pay for the activities of transporting and distributing electricity. In 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 road charges, and on the other, marketing costs.
Fees: These are set by the Ministry of Ecological Transition and represent higher costs than the toll and include, among other things, renewable energy surcharges, tariff shortfalls or additional generation costs outside the peninsula.
In addition, on the other hand, the bill includes other expenses such as electricity tax, equipment rental or VAT.

Final Cost of Electricity Bill Tomorrow (PVPC)

From 00:00 to 01:00: 154.01 EUR/MWh.
From 01:00 to 02:00: 149.51 EUR/MWh.
From 02:00 to 03:00: 132.38 EUR/MWh.
From 03:00 to 04:00: 124.09 EUR/MWh.
From 04:00 to 05:00: 130.12 EUR/MWh.
From 05:00 to 06:00: 123.48 EUR/MWh.
From 06:00 to 07:00: 123.14 EUR/MWh.
From 07:00 to 08:00: 120.05 EUR/MWh.
From 08:00 to 09:00: 87.52 EUR/MWh.
From 09:00 to 10:00: 43.13 EUR/MWh.
From 10:00 to 11:00: 37.90 EUR/MWh.
From 11:00 to 12:00: 37.74 EUR/MWh.
From 12:00 to 13:00: 37.13 EUR/MWh.
From 13:00 to 14:00: 36.61 EUR/MWh.
From 14:00 to 15:00: 37.40 EUR/MWh.
From 15:00 to 16:00: 37.56 EUR/MWh.
From 16:00 to 17:00: 37.87 EUR/MWh.
From 17:00 to 18:00: 36.86 EUR/MWh.
From 18:00 to 19:00: 40.25 EUR/MWh.
From 19:00 to 20:00: 46.35 EUR/MWh.
From 20:00 to 21:00: 64.69 EUR/MWh.
From 21:00 to 22:00: 88.83 EUR/MWh.
From 22:00 to 23:00: 110.76 EUR/MWh.
From 23:00 to 12:00: 96.45 EUR/MWh.

Here’s how PVPC electricity prices are calculated.

A new one will be in effect from January 1, 2024 PVPC calculation structure to index it to forward market prices and reduce its volatility, which affects the calculation of the energy intensity of the regulated tariff. This hourly price curve This is the result of adding together the cost of energy production (the “pool”), transportation and distribution fees, and charges corresponding to the energy consumed.

In turn, the production cost is made up of the hourly price obtained on the daily electricity market, published by the Iberian Electricity Market Operator (OMIE). In addition, these prices also take into account the cost of the set-up services managed by Red Eléctrica as system operator, in addition to other concepts included in the current regulations.

The PVPC with a rate of 2.0 TD, effective from 1 June 2021, replaced the three that existed until 31 May 2021 with a single one that has time discrimination in three periods for the application of road charges and regulatory charges. The most 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 (normal 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. The cheapest (off-peak) is from 0 to 8. All these times apply to the peninsula, the Balearic Islands and the Canary Islands. In Ceuta and Melilla, the periods start and end an hour later, with the exception of a fixed period between 23 and 24 hours.

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

Three Appliances That Are Driving Up Your Energy Bills

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

He DishwasherAlthough not present in all homes, this appliance is one of those that consume the most electricity. According to OCU calculations, it can consume up to 246 kWh per year, which is approximately 7% of total energy consumption and results in an additional 74 euros on the annual electricity bill. The same is true for washing machinewhich can consume up to 255 kWh per year, which is about 77 euros more on the annual bill. Finally, logically, the refrigerator, whose average consumption is 662 kWh per year, which means an increase in the annual rate of about 199 euros in the case of PVPC.

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