when it’s cheaper and more expensive per day
ANDTomorrow, May 27, the average price of electricity will rise sharply. The cost of electricity this Monday will be 30.84 euros/MWh. The data was published by the Iberian Energy Market Operator (OMIE).
But to know when is the best time to take advantage or avoid using too much electricity, you need to analyze the time periods. We’ll look at them below.
When is electricity more expensive?
The maximum price peak will be recorded in the area from 21:00 to 22:00 at a price of 54 euros/MWh., so it is recommended to avoid using devices with high power consumption during this period. Likewise, another period to avoid is from 22:00 to 23:00 (€52.82).
When electricity is cheaper
We find the cheapest electricity patch between 16:00 and 17:00 at 6 €/MWh. The remaining interesting bands are also in the afternoon, although with an amount close to 20 euros/MWh.
Electricity price per hour, May 27
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From 00:00 to 01:00: 32.3 EUR/MWh.
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From 01:00 to 02:00: 33 EUR/MWh.
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From 02:00 to 03:00: 31 EUR/MWh.
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From 03:00 to 04:00: 30.9 EUR/MWh.
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From 04:00 to 05:00: 28 EUR/MWh.
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From 05:00 to 06:00: 30.8 EUR/MWh.
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From 06:00 to 07:00: 35.01 EUR/MWh.
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From 07:00 to 08:00: 43.01 EUR/MWh.
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From 08:00 to 09:00: 35 EUR/MWh.
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From 09:00 to 10:00: 33.5 EUR/MWh.
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From 10:00 to 11:00: 31.53 EUR/MWh.
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From 11:00 to 12:00: 26.12 EUR/MWh.
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From 12:00 to 13:00: 30.6 EUR/MWh.
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From 13:00 to 14:00: 25 EUR/MWh.
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From 14:00 to 15:00: 22.23 EUR/MWh.
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From 15:00 to 16:00: 14.33 EUR/MWh.
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From 16:00 to 17:00: 6 euros/MWh.
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From 17:00 to 18:00: 17.72 EUR/MWh.
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From 18:00 to 19:00: 25.57 EUR/MWh.
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From 19:00 to 20:00: 31.66 EUR/MWh.
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From 20:00 to 21:00: 35.01 EUR/MWh.
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From 21:00 to 22:00: 54 EUR/MWh.
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From 22:00 to 23:00: 52.82 EUR/MWh.
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From 23:00 to 00:00: 35.05 EUR/MWh.