when will it be cheaper and more expensive
He The average price of electricity tomorrow, October 31, 2024, will be 101.17 euros. per megawatt hour (EUR/MWh). According to data provided by the Operator of the Iberian Energy Market (OMIE), electricity increased by 21.19% (17.68 euros) compared to the price recorded this Wednesday of 83.49 euros.
Compared to the same date last year, electricity is 3.58% cheaper, since on October 31, 2023, the average pool price was 104.92 euros/MWh. This price drop will particularly impact consumers who have a regulated tariff contract (PVPC) or those indexed to the free market.
When will electricity become cheaper tomorrow, Thursday?
cheapest hour of electricitywill be registered early in the morning, between 04:00 and 05:00 hourswhen will it cost 70.99 EUR/MWh. Due to the location of the housing at night, few houses will be able to benefit from this measure, so during the day the cheapest hours will be from 11:00 to 12:00 with an average price of 85.04 euros.
When is electricity most expensive?
He maximum price for electricity This will happen at night, between 20:00 and 21:00.when will it cost 148.72 EUR/MWh. After this, the next most expensive hours will be from 17:00 to 22:00 at €136.44/MWh.
Hourly electricity price tomorrow, October 31
The average price of electricity has exceeded the barrier of 100 EUR/MW, and the cheapest hours are at night, making it necessary to check the price of electricity by the hour. This is the only way to concentrate expenses on the most economical hours and save on your next electricity bill. This information can be found in the following list provided by OMIE:
- From 00:00 to 01:00: 80.0 EUR/MWh.
- From 01:00 to 02:00: 76.79 EUR/MWh.
- From 02:00 to 03:00: 75.0 EUR/MWh.
- From 03:00 to 04:00: 72.59 EUR/MWh.
- From 04:00 to 05:00: 70.99 EUR/MWh.
- From 05:00 to 06:00: 77.0 EUR/MWh.
- From 06:00 to 07:00: 88.39 EUR/MWh.
- From 07:00 to 08:00: 117.05 EUR/MWh.
- From 08:00 to 09:00: 121.58 EUR/MWh.
- From 09:00 to 10:00: 102.8 EUR/MWh.
- From 10:00 to 11:00: 93.2 EUR/MWh.
- From 11:00 to 12:00: 85.04 EUR/MWh.
- From 12:00 to 13:00: 88.91 EUR/MWh.
- From 13:00 to 14:00: 85.31 EUR/MWh.
- From 14:00 to 15:00: 85.51 EUR/MWh.
- From 15:00 to 16:00: 95.5 EUR/MWh.
- From 16:00 to 17:00: 113.0 EUR/MWh.
- From 17:00 to 18:00: 130.0 EUR/MWh.
- From 18:00 to 19:00: 134.14 EUR/MWh.
- From 19:00 to 20:00: 135.01 EUR/MWh.
- From 20:00 to 21:00: 148.72 EUR/MWh.
- From 21:00 to 22:00: 134.34 EUR/MWh.
- From 22:00 to 23:00: 115.2 EUR/MWh.
- From 23:00 to 24:00: 102.0 EUR/MWh.