when it’s cheaper and more expensive per day

ANDThe average price of electricity continues the downward trend of recent months. The cost of electricity on April 21 will be 2.17 euros/MWh. The data was published by the Iberian Energy Market Operator (OMIE).

To know when is the best time to take advantage of (or avoid) using too much electricity, You will have to analyze the time intervals. We’ll look at them below.

The maximum price peak will be recorded in the period from 21:00 to 22:00 at a cost of 8.93 euros/MWh. during this time, it is therefore recommended to avoid using devices with high power consumption during this hour. Likewise, other time slots should be avoided: 7:00 to 8:00 and 22:00 to 23:00 (€7.46/MWh).

We find the cheapest electricity segment from 15:00 to 16:00 with a negative price of -1.5 EUR/MWh. It will be constant throughout the day, since from 11:00 to 19:00 all prices will follow the same trend.

  • From 00:00 to 01:00: 3.25 EUR/MWh.

  • From 01:00 to 02:00: 3.25 EUR/MWh.

  • From 02:00 to 03:00: 3.22 EUR/MWh.

  • From 03:00 to 04:00: 3.25 EUR/MWh.

  • From 04:00 to 05:00: 3.25 EUR/MWh.

  • From 05:00 to 06:00: 3.25 EUR/MWh.

  • From 06:00 to 07:00: 3.6 EUR/MWh.

  • From 07:00 to 08:00: 7.46 EUR/MWh.

  • From 08:00 to 09:00: 3.25 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: -0.07 EUR/MWh.

  • From 13:00 to 14:00: -1.21 EUR/MWh.

  • From 14:00 to 15:00: -1.49 EUR/MWh.

  • From 15:00 to 16:00: -1.5 EUR/MWh.

  • From 16:00 to 17:00: -1.32 EUR/MWh.

  • From 17:00 to 18:00: -0.25 EUR/MWh.

  • From 18:00 to 19:00: -0.01 EUR/MWh.

  • From 19:00 to 20:00: 0.44 EUR/MWh.

  • From 20:00 to 21:00: 3.35 EUR/MWh.

  • From 21:00 to 22:00: 8.93 EUR/MWh.

  • From 22:00 to 23:00: 7.46 EUR/MWh.

  • From 23:00 to 00:00: 3.6 EUR/MWh.

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