when it’s cheaper and more expensive per day
ANDThe average price for electricity this Saturday will still be affordable for consumers. The cost of electricity on April 20 will be 5.66 euros/MWh. The data was published by the Iberian Energy Market Operator (OMIE).
To find out when is the best time to take advantage of (or avoid) using too much electricity, you need to analyze the time intervals. We’ll look at them below.
When is electricity more expensive?
The maximum price peak will be recorded within section from 00:00 to 1:00, the cost at that time was 24.69 euros/MWh., so it is recommended to avoid using devices with high power consumption during this hour. Likewise, another time slot to avoid is the period from 2:00 to 3:00 (€11.39/MWh).
When electricity is cheaper
We found the cheapest electricity section From 16:00 to 17:00 with a negative price of -0.07 EUR/MWh. It will be constant throughout the day because from 13:00 to 18:00 all prices will follow the same trend.
Electricity price by hour, Saturday, April 20
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From 00:00 to 01:00: 24.69 EUR/MWh.
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From 01:00 to 02:00: 10 EUR/MWh.
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From 02:00 to 03:00: 11.39 EUR/MWh.
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From 03:00 to 04:00: 10 EUR/MWh.
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From 04:00 to 05:00: 9.57 EUR/MWh.
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From 05:00 to 06:00: 7 EUR/MWh.
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From 06:00 to 07:00: 7.54 EUR/MWh.
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From 07:00 to 08:00: 8.43 EUR/MWh.
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From 08:00 to 09:00: 7.42 EUR/MWh.
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From 09:00 to 10:00: 2.1 EUR/MWh.
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From 10:00 to 11:00: 0.44 EUR/MWh.
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From 11:00 to 12:00: 0.05 EUR/MWh.
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From 12:00 to 13:00: 0 EUR/MWh.
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From 13:00 to 14:00: 0 EUR/MWh.
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From 14:00 to 15:00: 0 EUR/MWh.
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From 15:00 to 16:00: – 0.04 EUR/MWh.
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From 16:00 to 17:00: -0.07 EUR/MWh.
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From 17:00 to 18:00: -0.01 EUR/MWh.
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From 18:00 to 19:00: 0.04 EUR/MWh.
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From 19:00 to 20:00: 3.25 EUR/MWh.
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From 20:00 to 21:00: 7.88 EUR/MWh.
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From 21:00 to 22:00: 10 EUR/MWh.
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From 22:00 to 23:00: 8.58 EUR/MWh.
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From 23:00 to 00:00: 7.54 EUR/MWh.