These are the cheapest daylight hours this Tuesday, July 12

The average price of electricity for regulated rate customers linked to the wholesale market will rise 1.53% on Tuesday compared to this Monday, up to 303.07 euros per megawatt hour (MWh), according to provisional data from the Operator of the Iberian Energy Market (OMIE) collected by EP.

The price of electricity for regulated rate customers linked to the wholesale market has not exceeded the level of €300/MWh since March 10, the same week in which the record for the historical series was reached and which took place on March 8 with €544.98/MWh, a record that occurred in the context of the upward spiral in the price of gas due to the Russian invasion of Ukraine at the end of February.

This price for PVPC customers is the result of adding the average price of the auction in the wholesale market to the compensation that the demand will pay to the combined cycle plants for the application of the 'Iberian exception' to cap the price of gas for electricity generation.

In the auction, the average price of electricity in the wholesale market -the so-called 'pool'- stands this Tuesday at €155.71/MWh, which is around 2 euros less than the price for this Monday (157 €.54/MWh).

00h - 01h: €0.398/kWh

01h - 02h: €0.388/kWh

02h - 03h: €0.397/kWh

03h - 04h: €0.387/kWh

04h - 05h: €0.388/kWh

05h - 06h: €0.391/kWh

06h - 07h: €0.398/kWh

07h - 08h: €0.392/kWh

08h - 09h: €0.392/kWh

09h - 10h: €0.363/kWh

10am - 11am: €0.402/kWh

11am - 12pm: €0.397/kWh

12pm - 1pm: €0.397/kWh

1pm - 2pm: €0.396/kWh

2pm - 3pm: €0.348/kWh

3pm - 4pm: €0.352/kWh

4:00 p.m. - 5:00 p.m.: €0.355/kWh

5:00 p.m. - 6:00 p.m.: €0.360/kWh

6:00 p.m. - 7:00 p.m.: €0.422/kWh

7:00 p.m. - 8:00 p.m.: €0,440/kWh

8:00 p.m. - 9:00 p.m.: €0.473/kWh

9:00 p.m. - 10:00 p.m.: €0.483/kWh

10pm - 11pm: €0.436/kWh

23h - 24h: €0.428/kWh

The maximum price of electricity for this July 12 will be registered between 9:00 p.m. and 10:00 p.m., with €201.6/MWh, while the minimum for the day, of €123.55/MWh, will be between 04:00 and 05.00 hours.

Added to this pool price is the compensation of €147.36/MWh to the gas companies that has to be paid by the consumers who are beneficiaries of the measure, the consumers of the regulated tariff (PVPC) or those who, despite being in the free market, they have an indexed rate.

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