Press "Enter" to skip to content

These are the cheapest hours on Thursday to save on the bill

The price of electricity rises again this Thursday and will register the fourth highest value so far this month.

For time slots , the maximum price of electricity for this January 13 will be between 8:00 p.m. and 9:00 p.m., with 262.95 euros / MWh, while the minimum, of 182 , 85 euros / MWh, will be recorded between 4:00 a.m. and 5:00 a.m.

Peak and valley hours

  • The cheapest: from 3 to 4 at € 0.24019 / kWh
  • The most expensive: from 7:00 p.m. to 8:00 p.m. at € 0.42548 / kWh

The average price of electricity in the wholesale market will rebound today by 4.38% compared to yesterday, once again being above the level of 210 euros per megawatt hour (MWh).

Specifically, the 'pool' will register this Thursday an average price of 215.11 euros / MWh, the fourth highest value so far in January, more than 9 euros above the 206.07 euros / MWh this Wednesday, according to provisional data published by the Iberian Energy Market Operator (OMIE) collected by Europa Press.

Compared to a year ago, the price of the 'pool' for this Thursday will be 139% more expensive than the one registered on January 13, 2021, of only 89.94 euros / MWh, also coinciding with Filomena's cold wave.

The price of electricity hour by hour

  • 00-01 0.24457 € / kWh
  • 01-02 0.24544 € / kWh
  • 02-03 0.24566 € / kWh
  • 03-04 0.24019 € / kWh
  • 04-05 0.24514 € / kWh
  • 05-06 0.24402 € / kWh
  • 06-07 0.24650 € / kWh
  • 07-08 0.27544 € / kWh
  • 08-09 € 0.30959 / kWh
  • 09-10 € 0.30908 / kWh
  • 10-11 € 0.36903 / kWh
  • 11-12 € 0.36475 / kWh
  • 12-13 0.36185 € / kWh
  • 13-14 € 0.36208 / kWh
  • 14-15 € 0.29298 / kWh
  • 15-16 0.29403 € / kWh
  • 16-17 0.30286 € / kWh
  • 17-18 € 0.31515 / kWh
  • 18-19 0.42118 € / kWh
  • 19-20 0, € 42548 / kWh
  • 20-21 € 0.41321 / kWh
  • 21-22 € 0.38742 / kWh
  • 22-23 € 0.38742 / kWh
  • 23-00 0.29317 € / kWh

Why is the price of electricity going up?

The prices of the 'pool' have a direct effect on the regulated tariff -the so-called PVPC-, to which almost 11 million consumers in the country are welcomed, and serves as a reference for the other 17 million that have contracted their supply in the free market .

The rise in price in the electricity market in recent months is mainly explained by the high prices of gas in the markets and of carbon dioxide (CO2) emission rights, at all-time highs this year.

See the comments

Topics

Be First to Comment

Leave a Reply

Your email address will not be published.