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These will be the cheapest hours today

The Spanish, again forced to get up early to save on the bill. Although yesterday's trend allowed plugging in appliances at the last minute, today it's time to set the alarm clock again. Well, the cheapest strip of electricity will be between 4 and 5 in the morning. On the other hand, the section to avoid will be the one between 10 and 11 in the morning.

Peak and valley hours

  • The cheapest: from 4 to 5 at 0.15268 € / kWh
  • The most expensive: from 10 a.m. to 11 a.m. at 0.33283 € / kWh

The average price of electricity in the wholesale market , which directly influences the regulated tariff, will rise again on Tuesday, with a slight increase of 1% compared to the price of this Monday, so that it will reach 152.15 euros per megawatt / hour (MWh), according to data published by the Iberian Energy Market Operator (OMIE) collected by Europa Press .

By time slots, the minimum price of electricity for this January 4 will be between 5 and 6 hours, with € 105 / MWh, while the maximum, € 190 / MWh, will be registered between 10 and 11 hours.

The price of electricity hour by hour

  • 00-01 0.17465 € / kWh
  • 01-02 0.16391 € / kWh
  • 02-03 0.16168 € / kWh
  • 03-04 0.15358 € / kWh
  • 04-05 0.15268 € / kWh
  • 05-06 0.16379 € / kWh
  • 06-07 0.20656 € / kWh
  • 07-08 0.20743 € / kWh
  • 08-09 0.25267 € / kWh
  • 09-10 0.2652 € / kWh
  • 10-11 0.33283 € / kWh
  • 11-12 0.32375 € / kWh
  • 12-13 0.32376 € / kWh
  • 13-14 0.32006 € / kWh
  • 14-15 0.23202 € / kWh
  • 15-16 0.22599 € / kWh
  • 16-17 0.22876 € / kWh
  • 17- 18 0.2383 € / kWh
  • 18-19 0.3315 € / kWh
  • 19-20 0.32457 € / kWh
  • 20-21 0.29928 € / kWh
  • 21-22 0.29142 € / kWh
  • 22-23 0.21135 € / kWh
  • 23-00 0.17407 € / kWh

Why is the price of electricity going up?

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

Thus, compared to the same day just a year ago, the rise experienced this Tuesday will be 154.2%, since on January 4, 2021 the price of electricity stood at € 59.85 / MWh .

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