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.
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.
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.
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:
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