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These will be the cheapest hours today, which marks the second all-time high

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The the price of electricity will drop today by 3.67% compared to the previous day, but will register its second historical maximum when it reaches 327 , 38 euros per megawatt hour (MWh), exceeding the sixth consecutive day above 300 euros. Once again, the cheapest time will be for the early risers, between 4 and 5 hours. By contrast, the most expensive hours will be recorded between 8:00 p.m. and 9:00 p.m.

Peak and trough hours

  • The cheapest: from 4 to 5 at 0.34298 € / kWh
  • The most expensive : from 20 to 21 at 0.48759 € / kWh

Thus, the price of electricity will be 599.68% higher than a year ago, that is, seven times more expensive, since on December 21, 2020 it was paid at 46.79 euros / MWh.

The price of electricity hour by hour

  • 00-01 0.40495 € / kWh
  • 01-02 0.39317 € / kWh
  • 02-03 0.37834 € / kWh
  • 03-04 0.34324 € / kWh
  • 04-05 0.34298 € / kWh
  • 05-06 0.38335 € / kWh
  • 06-07 0.39006 € / kWh
  • 07-08 0.40532 € / kWh
  • 08-09 0.43356 € / kWh
  • 09-10 0.43283 € / kWh
  • 10-11 0.43401 € / kWh
  • 11-12 0.42588 € / kWh
  • 12-13 0.42084 € / kWh
  • 13-14 0.41878 € / kWh
  • 14-15 0.4093 € / kWh
  • 15-16 0.41608 € / kWh
  • 16-17 0.42571 € / kWh
  • 17-18 0.43353 € / kWh
  • 18-19 0.4712 € / kWh
  • 19-20 0.47963 € / kWh
  • 20-21 0.48759 € / kWh
  • 21-22 0.47008 € / kWh
  • 22-23 0.4383 € / kWh
  • 23-00 0.41723 € / kWh

Why is the light 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 (CO2) emission rights, at record highs this year.

This month of December began marked by a great volatility , with falls in the average of some days to around 100 euros / MWh and with certain rises that far exceeded the level of 200 euros / MWh and, since December 16, 300 euros / MWh. And it is that the rise in electricity prices has rampaged this month, whose average price is already around 250 euros, about 50 more than last October, the month with the most expensive average to date.

The average user receipt so far this year has increased by 15.1% compared to 2018 . Thus, compared to 77.18 euros three years ago, the average monthly bill now reaches 90.87 euros. However, the Government continues to trust that this year households will end up paying the same as in 2018.

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