Consumers will have to be vigilant this Saturday, August 2. There will be times when putting the washing machine, ironing or using the oven will be more advisable. Knowing which are the cheapest allows you to concentrate spending and save on the bill at the end of the month. The average reference for the whole day in the wholesale market will be 102.33 euros per megawatt hour (MWh), according to the operator OMIE. Again, hour by hour there will be big differences.
The wholesale market figures are reflected in the consumer’s receipt. The most expensive hour will be reached between 9:00 p.m. and 10:00 p.m., when the price on the invoice will rise to 0.11269 euros per kilowatt hour (kWh), based on data from Red Eléctrica. The cheapest hour, on the opposite side, will be recorded between 3:00 p.m. and 4:00 p.m., when the kilowatt hour will be paid at 0.11269 euros.
04h
€0.12703/kWh
05h
€0.12884/kWh
06h
€0.13066/kWh
07h
€0.13645/kWh
08h
€0.14503/kWh
9am
€0.14997/kWh
10am
€0.15426/kWh
11am
€0.12796/kWh
12h
€0.11646/kWh
1 pm
€0.11572/kWh
2pm
€0.11487/kWh
3pm
€0.11269/kWh
4pm
€0.11401/kWh
5pm
€0.12921/kWh
18h
€0.14484/kWh
7pm
€0.15931/kWh
20h
€0.16757/kWh
9pm
€0.17307/kWh
10pm
€0.16056/kWh
11pm
€0.14272/kWh
Why does the price of electricity vary in each time slot?
The regulated bill prices are dynamic, indexed to the wholesale electricity market. As the energy demand per hour is the factor that determines the price of electricity in each time slot, the cost of electricity per hour varies constantly. Thus, with a greater demand in peaks of cold -for heating- or heat -for air conditioning, for example-, prices rise. In addition, it must be taken into account that costs such as adjustment services, marketing, tolls and charges, capacity payments or interruptibility costs, among others, may vary every hour.
