The cheapest hours and the ones you have to avoid this Wednesday to save


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The average price of electricity in the wholesale market will register this Tuesday a rise of 0.96%
regarding monday
, standing at 211.81 euros per megawatt, according to data from the Iberian Electricity Market Operator (OMIE). The cheapest time slot and, therefore, the most recommended to save on the bill will be between 2:00 and 3:00 p.m. On the other hand, it will be advisable to avoid the section between 8:00 p.m. and 9:00 p.m.

Peak and valley hours

  • The cheapest: from 2:00 p.m. to 3:00 p.m. at € 0.25411 / kWh
  • The most expensive: from 8:00 p.m. to 9:00 p.m. at € 0.32483 / kWh

In annual terms, the price for this Tuesday, December 7, will be 457% more expensive Compared to just a year ago, when electricity cost 32.02 euros / MWh.

The price of electricity hour by hour

  • 00-01 0.27969 € / kWh
  • 01-02 0.2542 € / kWh
  • 02-03 0.25426 € / kWh
  • 03-04 0.25519 € / kWh
  • 04-05 0.25518 € / kWh
  • 05-06 0.27667 € / kWh
  • 06-07 0.27097 € / kWh
  • 07-08 0.28731 € / kWh
  • 08-09 0.30912 € / kWh
  • 09-10 0.30648 € / kWh
  • 10-11 € 0.30464 / kWh
  • 11-12 0.29611 € / kWh
  • 12-13 0.28327 € / kWh
  • 13-14 0.2682 € / kWh
  • 14-15 0.25411 € / kWh
  • 15-16 0.2553 € / kWh
  • 16-17 0.25696 € / kWh
  • 17-18 0.2787 € / kWh
  • 18-19 0.30903 € / kWh
  • 19-20 € 0.31926 / kWh
  • 20-21 € 0.32483 / kWh
  • 21-22 € 0.31171 / kWh
  • 22-23 0.2728 € / kWh
  • 23-00 0.25861 € / kWh

Why is the price of electricity going up?

The prices of the ‘pool’ have a direct effect on the regulated tariff, to which almost 11 million consumers in the country are welcomed, and serves as a reference for the other 17 million who have contracted their supply in the free market.

The increase in prices in recent months has two main causes:
high gas prices
in the markets and carbon dioxide (CO2) emission rights, which are at all-time highs this year.

The electricity bill of an average user with the regulated tariff is
located in november
at 115.18 euros, 68.1% above the 68.50 euros for the same month last year, thus being the second most expensive bill in history after last October.

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