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Today's most expensive and cheapest hours to save on the bill

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  • The price of electricity is close to 400 euros per MWh
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  • Why does the price of electricity rise so much?

The price of electricity pulverizes all records today, Wednesday and the maximum peak will reach 380 euros the megawatt hour; the average price will be 360.02 euros per MWh. In the worst scenario seen to date, however, we will be able to take advantage of the interval between 4 and 5 hours to save on the bill, while it will be advisable to avoid the interval between 8 and 9 p.m., when the lowest price will be reached. high.

Peak and trough hours

  • The cheapest: from 4 to 5 at 0.42475 € / kWh
  • The most expensive : from 20 to 21 to 0.4995 € / kWh

In just one day, the price of electricity will have increased by 10% and in a week up to 23%, multiplying by almost eight the records of a year ago, according to the data published by the Iberian Energy Market Operator (OMIE) and collected by Europa Press.

The price of electricity hour by hour

  • 00 -01 0.44400 € / kWh
  • 01-02 0.44192 € / kWh
  • 02-03 0.43235 € / kWh
  • 03-04 0.42786 € / kWh
  • 04-05 0.42475 € / kWh
  • 05 -06 0.43687 € / kWh
  • 06-07 0.44087 € / kWh
  • 07-08 0.4559 € / kWh
  • 08-09 0.47856 € / kWh
  • 09-10 0.47634 € / kWh
  • 10 -11 0.47653 € / kWh
  • 11-12 0.46908 € / kWh
  • 12-13 0.46326 € / kWh
  • 13-14 0.46052 € / kWh
  • 14-15 0.44677 € / kWh
  • 15-16 0.45132 € / kWh
  • 16-17 0.46275 € / kWh
  • 17-18 0.47575 € / kWh
  • 18-19 0.4963 € / kWh
  • 19-20 0.49817 € / kWh
  • 20-21 0.4995 € / kWh
  • 21-22 0.49096 € / kWh
  • 22-23 0.46037 € / kWh
  • 23-00 0.43451 € / kWh

This month of December began marked by 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, from December 16, 300 euros / MWh .

Why is the light going up?

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

The price increase has exploded and the average monthly price is already around 253 euros, about 50 euros more than last October, the month with the most expensive average to date.

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