when it’s cheaper and more expensive per day

ANDOn Tuesday, the average price of electricity fell again. The cost of electricity on April 16 will be 1.37 euros/MWh.. Such data was published by the Iberian Energy Market Operator (OMIE).

To know the best time to take advantage of (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 within section from 21:00 to 22:00 at a price of 10.1 euros/MWh.

during this time, it is therefore recommended to avoid using devices with high power consumption during this hour. Likewise, another time slot to avoid is between 7:00 and 8:00 (€6/MWh).

When electricity is cheaper

We found the cheapest electricity section From 16:00 to 17:00 with a negative price of -0.13 EUR/MWh. It will be constant throughout the day, since from 11:00 to 19:00 all prices will follow the same trend.

Electricity price by hour, Tuesday, April 16.

• From 00:00 to 01:00: 0.44 EUR/MWh.

• From 01:00 to 02:00: 0 EUR/MWh.

• From 02:00 to 03:00: 0 EUR/MWh.

• From 03:00 to 04:00: 0 EUR/MWh.

• From 04:00 to 05:00: 0 EUR/MWh.

• From 05:00 to 06:00: 0 EUR/MWh.

• From 06:00 to 07:00: 0.08 EUR/MWh.

• From 07:00 to 08:00: 6 EUR/MWh.

• From 08:00 to 09:00: 4.47 EUR/MWh.

• From 09:00 to 10:00: 0 EUR/MWh.

• From 10:00 to 11:00: -0.01 EUR/MWh.

• From 11:00 to 12:00: -0.01 EUR/MWh.

• From 12:00 to 13:00: -0.03 EUR/MWh.

• From 13:00 to 14:00: -0.1 EUR/MWh.

• From 14:00 to 15:00: -0.1 EUR/MWh.

• From 15:00 to 16:00: -0.1 EUR/MWh.

• From 16:00 to 17:00: -0.13 EUR/MWh.

• From 17:00 to 18:00: -0.1 EUR/MWh.

• From 18:00 to 19:00: -0.01 EUR/MWh.

• From 19:00 to 20:00: 0 EUR/MWh.

• From 20:00 to 21:00: 4.15 EUR/MWh.

• From 21:00 to 22:00: 10.01 EUR/MWh.

• From 22:00 to 23:00: 5 euros/MWh.

• From 23:00 to 00:00: 3.25 EUR/MWh.