Price of electricity: what is the cheapest time today, Tuesday, February 25?

Consumers will have to be careful this Tuesday, February 25. There will be times when it will be more advisable to put on the washing machine, iron or use the oven. Knowing which are the cheapest allows you to concentrate your 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 94.84 euros per megawatt hour (MWh), according to the operator OMIE. Once again, hour by hour there will be big differences.

The wholesale market figures are reflected in the consumer's bill. The most expensive hour will be between XXX and XXX, when the price on the bill will rise to XXX euros per kilowatt hour (kWh), based on data from Red Eléctrica. The cheapest hour, on the other hand, will be recorded between XXX and XXX, when the kilowatt hour will be paid at XXX euros.

This is the hourly cost of electricity for this Monday at the regulated rate (PVPC, toll 2.0 TD), according to Red Eléctrica. These figures already include the cost of the daily and intraday wholesale market, adjustment services, financing, variable marketing costs, tolls and charges. It may also include other concepts such as capacity payments, surpluses or deficits in renewable auctions and costs for interruptibility services.

Cost on the bill Price per hour of light 00h 0.10656 €/kWh 01h 0.10863 €/kWh 02h 0.11028 €/kWh 03h 0.10981 €/kWh 04h 0.11869 €/kWh 05h 0.12802 €/kWh 06h 0.13671 €/kWh 07h 0.16245 €/kWh 08h 0.20111 €/kWh 09h 0.18841 €/kWh 10h 0.23249 €/kWh 11h 0.21051 €/kWh 12h 0.19478 €/kWh 13h 0.18736 €/kWh 14h 0.10817 €/kWh 15h 0.10514 €/kWh 16h 0.10860 €/kWh 17h 0.13275 €/kWh 18h 0.23158 €/kWh 19h 0.26781 €/kWh 20h 0.26504 €/kWh 21h 0.25535 €/kWh 22h 0.17343 €/kWh 23h 0.15991 €/kWh Why does the price of electricity vary at different times?

The prices of the regulated bill are dynamic, indexed to the wholesale electricity market. As the hourly demand for energy is the factor that determines the price of electricity in each time period, the cost of electricity per hour varies constantly. Thus, with a higher demand during cold peaks (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 costs for interruptibility, among others, can vary every hour.