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These will be the cheapest hours of daylight on Thursday

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  • The hours with the cheapest light are concentrated in the early morning and are useless for consumers

The average price of electricity in the wholesale market will rebound this Thursday by 10.8% compared to Wednesday, climbing again above the level of 200 euros per megawatt hour (MWh), a level that had not been touched since last Christmas Day.

The cheapest hour today will be the one between 5 and 6 in the morning. On the contrary, the most expensive time period and the one that we must avoid to plug in the electrical appliances will be between 6:00 p.m. and 7:00 p.m.

The hours peak and valley

  • The cheapest: from 5 to 6 at € 0.23634 / kWh
  • The most expensive: from 6:00 p.m. to 7:00 p.m. at € 0.34342 / kWh

Despite this rise, the price for this Thursday remains far from the historical highs of last week, when it reached up to 383, 67 euros / MWh .

In any case, the cost of the Electricity in the wholesale market continues to rise when compared to the records of the same day of the previous year, when the price stood at 48.98 euros / MWh.

The increase of this Wednesday compared to December 30, 2020 is almost four times more .

The price of electricity hour by hour

  • 0 0-01 0.2626 € / kWh
  • 01-02 0.24856 € / kWh
  • 02-03 0.24045 € / kWh
  • 03-04 0.23734 € / kWh
  • 04-05 0.23689 € / kWh
  • 05-06 0.23634 € / kWh
  • 06-07 0.25262 € / kWh
  • 07-08 0.25607 € / kWh
  • 08-09 0.29798 € / kWh
  • 09-10 0.29438 € / kWh
  • 10-11 0.26843 € / kWh
  • 11-12 0.25514 € / kWh
  • 12-13 0.25559 € / kWh
  • 13-14 0.26173 € / kWh
  • 14-15 0.24892 € / kWh
  • 15-16 0.24393 € / kWh
  • 16-17 0.25796 € / kWh
  • 17-18 0.30228 € / kWh
  • 18-19 0.34342 € / kWh
  • 19-20 0.34315 € / kWh
  • 20-21 0.33964 € / kWh
  • 21-22 0.33023 € / kWh
  • 22-23 0.27632 € / kWh
  • 23-00 0.26069 € / kWh

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

The increase in price in recent months in the electricity market is explained , mainly, due to the high gas prices in the markets and the emission rights of carbon dioxide (CO2), at historical highs this year.

The Government has extended until April 30 the reduction of taxes included in the electricity bill paid by all consumers in order to alleviate the negative effect that the rise in the price of electricity is causing citizens.

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